Question

journalise the following transaction in the book of M.shaikh (10)

2019

April 3. M. shaikh started business with cash rs 60,000/-

5. purchased goods for cash rs 30,000/-

7. sold goods of rs 10,000/- to sohail.

10. purchased furniture from ilyas on credit rs 30,000/-

15. paid for rent rs 3000/- and paid by debit card.

21. purchased good from from zainab on credit rs 70,000/-

27. paid for transport rs 1000/- to excellent transport.

30. paid to zainab rs 20,000/- on behalf of sana​

Answer 1

Explanation:

3.cash a/c dr to capital a/c

5.purchase a/c dr to cash a/c

7.sohail a/c dr to sales a/c

10. furniture a/c dr to ilyas a/c

15. rent a/c dr to cash a/c

21.purchase a/c dr to zainab a/c

27. carriage a/c dr to cash a/c