Question

joumalize the following transaction
1. commenced business with cash Rs. 50000/-
2. deposit into bank rs 15000/-
3. bought office furniture rs 3000/-
4. sold goods for cash rs 2500/-
5. purchased goods form Mr. X on credit Rs 2000/-
6. sold goods form Mr. Y on credit rs 3000/-
7. received cash form Mr. Y on Account rs 2000/-
8. paid cash to Mr. X Rs 1000/-
9. Received commission Rs. 50/-
10. Received interest on bank deposit Rs. 100/-
11. Paid into advertisement Rs 500/-
12. Paid for advertisement rs 500/-
13. Purchased good for cash rs. 1500/-
14. Sold goods for cash rs 1500/-
15. paid salary rs 5000/-

Answer 1

Answer:

34650

Explanation:

15000+3000+2500+2000+3000+1000+50+100+500+500+1500+1500+5000=24650-50000=34650