Question

Journalize the following transactions in the books of Mr. Roy 2020 November 1 He started business with a capital of – Plant ` 10,000, Bank ` 8,000, Stock ` 12,000 2 Bought furniture for resale ` 5,000 Bought furniture for Office decoration ` 3,000 3 Paid rent out of personal cash for ` 2,000 8 Sold furniture out of those for resale ` 6,000 12 Paid Salary to Mr. X for ` 1,200 15 Purchased goods from Mr. Mukherjee for cash ` 3,000 18 Sold goods to Mr.Sen on credit for ` 8,000 20 Mr.Sen returned goods valued ` 1,000 22 Received cash from Mr.Sen of ` 6,500 in full settlement 28 Bought goods from Mr. Bose on credit for ` 5,000 30 Returned goods to Mr. Bose of ` 500 and paid to Mr. Bose ` 4,000 in full settlement. ​

Answer 1

Answer:

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