Question

Journalise the following transactions
1. Praveen Garg started business which ₹ 40000 cash and goods worth ₹15000.

2. Salary paid ₹ 2000

3. Wages paid ₹ 1000 rupees

4. Goods worth ₹ 1000 distributed as free samples.

5. Goods worth ₹ 5000 sold to Narendra but only rupees 2,000 could be realised from him.

6. Payment made to Raj 50000 through cheque.

7. Goods sold to Manoj ₹ 3000

8. Payment received from Manoj in full settlement ₹ 2500.

9.Building purchased from Kumar & company for ₹ 50000 and an advance of rupees 40000 is given in cash.

10.Goods purchased on credit from Mr. Ram for ₹ 10000.​

Answer 1

Answer:

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