Journalize (give journal entries) the following transactions in Gaurav's books for April 2017:
April 1: gaurav started business with 1000000 of which 25% amount was borrowed from wife
April 4: purchased goods from Raj worth 40000 at 20% trade discount and 1/5th amount paid in cash
April 7: Cash purchases of 25000
April 10: sold goods to Vishakha 30000 at 30% trade discount and received 30% amount in cash
April 12: deposited cash into bank 20000
April 15: uninsured goods destroyed by fire 5500
April 19: received commission 3500
April 22: Paid Raj 25600 in full settlement of Account
April 25: cash stolen from cash box 1000
April 27: received from vishakha 14500 and discount allowed 200
April 30: interest received 2400 directly added in our bank account.
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Accounting or Accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations.
Organizations in this sector: Institute of Chartered Accountants in England and Wales
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Mucormycosis, also known as black fungus, is a rare but dangerous infection. It's caused by a group of molds called mucormycetes and often affects the sinuses, lungs, skin, and brain. You can inhale the mold spores or come into contact with them in things like soil, rotting produce or bread, or compost piles.
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