journal the following transaction in the book of sri T.N. of coimbatore
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Journalise the following transactions in the books of Sri T.N. of Coimbatore :
1987
Oct 1
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Commenced business with Rs. 50,000
Purchased goods for cash Rs. 10,000 at 5% trade discount
Paid carriage Rs. 50
Purchased machinery for Rs. 20,000
Sold goods to Madan on account for Rs. 15,000
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