Journalise the following transactions in the books of Vasu and post them to ledger
accounts.
7 Nov 1 Cash in hand Rs 1,00,000; Cash at bank: Rs 30,000
2 Vasu sold goods to Jothi for Rs 25,000 against a cheque and deposited the same
in the bank
4 Received as commission Rs 5,000
8 Bank paid Rs 15,000 directly for insurance premium of Vasu.
15 Cash deposited into bank Rs 30,000
20 Cash withdrawn from bank for personal use Rs 45,000.
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Explanation:
these are transaction journal entries
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