Question

Journalise the following transaction in the books of jay. 1.Business commenced with a capital of Rs.6,00,000 and Furniture of Rs.12,000. 2.Rs.4,50,000 deposited into bank account. 3.Plant and Machinary purchased of Rs. 2,30,000 by paying Rs.30,000 cash immediately. 4.Purchased goods worth Rs.40,000 for Cash and Rs.45,000 on account. 5.Paid a cheque of Rs.2,00,000 to the supplier of plant and Machinary. 6.Rs. 70,000 Cash sales ( of goods costing Rs.50,000) 7.Withdrow by the proprietor Rs. 35,000 cash for personal use. 8.Insurence paid by cheque of Rs.2,500 9.Salary Rs.5,500 Outstanding. 10.Furniture Rs.30,000 Purchased in cash.​

Answer 1

Explanation:

i hope you understand because I am in gujrati medioum and i am not well known English so