Question

Mr. Nirmal has the following transactions in the month of April.

Write Journal Entries for the transactions and prepare ledger accounts.

10th April : Commenced business with a capital of 1,00,000

11th April : Purchased goods from Veeru for 20,000

13th April : Purchased Goods for Cash 15,000

14th April : Purchased Goods from Abhiram for cash 9,000

16th April : Bought Goods from Shyam on credit 12,000

17th April : Sold goods worth 15,000 to Tarun

19th April : Sold goods for cash 20,000

20th April : Sold goods to Utsav for cash 6,000

21st April : Sold goods to Pranav on credit 17,000

22nd April : Returned goods to Veeru 3,000

23rd April : Goods returned from Tarun 1,000

25th April : Goods taken by the proprietor for personal use 1,000

26th April : Bought Land for 50,000

27th April : Purchased machinery for cash 45,000

28th April : Bought computer from Intel Computers for 25,000

28th April : Cash sales 15,000

29th April : Cash purchases 22,000

30th April : Bought furniture for proprietor's residence and paid cash 10,00​

Answer 1

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Answer 2

Answer:

30 th april: bought furniture for proprietor residence and paid cash 10,00