Question

Journalise the following transactions of M/s vinay& Bro's. -
2017
August 1 started business with cash
20,000 Rs
Goods worth 8,000 Rs and. furniture of 2,000 Rs. August 2 bought goods for cash 2,000
August 5 goods sold for cash 4,000
August 10 goods purchased from sunil
for cash 1,200
August 14 goods sold to Kapil 800
August 18 stationary purchased for cash
300
August 20 goods returned by Kapil 200
August 31 salary paid to Mahesh 700

Answer 1

here is the answer of the following transactions