Question

Journalise the following transactions in the books of Ms. Reema for the year 2018
Nov 1st.Started business with cash Rs. 30000, machinery Rs. 20000 and furniture Rs. 10000.
Nov 5th. Purchased goods from Ramu worth Rs. 30000 @10% TD.
Nov 12th. Sold goods for cash worth Rs. 25000 @5% TD and 10% CD.
Nov 18th. Sold goods to Sunita for Rs. 10000 @5% TD and @10% CD.
Nov 29th. Received cash from Sunita Rs. 8000 in full settlement for Rs. 9500 on her account.
Nov 30th. Paid Ramu Rs. 25000 in full settlement for his account Rs. 27000.
plzz answer fast and in proper journal entry ​

Answer 1

Answer:

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