Question

Journalise the following transactions in the books of Nikhil - (JOURNAL ENTRY)
2020 March 1st. started business with cash rs 20,000 Goods rs 20,000,bank loan rs 20,000/-
March 3rd. Cash Sales of a rs 8,000 @ 10% Trade.Discount & 5% Cash.Discount
March 5th. Deposited cash into Bank rs 2,000/-
March 7th. Received cash of rs 900/- from Shruti in full settlement of her account rs 1,000/-
March 9. Purchased Furniture of rs 2,000/-
March 11. Sold old Machinery of rs 2,000/-
March 13. Purchased goods from Aakash rs 4,000/- @ 10%.Trade.Discount and Paid
half amount
March 15. Rent Paid by Cheque rs 1,000/-
March 17. Purchased a Donkey of rs 5,000/- for business purpose
March 19. Paid cash to Arya
rs 1,900/- in full settlement of her account rs 2000/-​

Answer 1

In march 13 u didn't specify that the half amount was paid by cheque or by cash. So Therefore i assumed it as half amount paid by cash

I mistakenly did the 13 transaction first.