Question

July 1 Cash in hand 40,000
July 2 Purchased goods from Rohan 12,000
July 3 Sold household furniture and invested the
proceeds in business 52,000
July 5 Paid Rent to Landlord 9,500
July 7 Goods sold and proceeds received by cheque
deposited into bank on the same date 10,500
July 9 Cash stolen by employee 10,000
July 10 Commission Received 4,500
July 15 Drew cash for household expenses 3,000
July 17 Donation paid to Govt. for COVID 19 20,500
July 22 Purchased Office Furniture in Cash 19,200
July 25 Ashok(Debtor) paid Agarwal & Co. in full settlement 30,000

Answer 1

Answer:

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