Mr. Randhir started his business as a dealer in cloth on 1" January, 2013. He invested 40,000 as his capital, 25% of which he borrowed from his friend (Mr. Sony) and the balance came from his own savings.
2013
January 1 Bought cotton piece-goods worth * 6,000 from Mr. Kakkar 10% trade discount.
January 2 .Purchased furniture for cash 2,000. .
January 5 Purchased a typewriter for 300.
January 8 Appointed Mr. Sohan as an Accountant on a salary of 1,000 perm month.
January 9 . Opened Current Account with The Bank of India Ltd. by depositing 5,000.
January 10 Appointed Mr. Ramesh and Mr. Suresh as salesmen and advanced to
them 100 each, against their salry for January 2001
January 15 Returned goods to Mr. Kakkar, equal to 10% of the value of goods
purchased from him on 1st Jan.'
January 20 Sold goods to Mr. C. Shah worth 1,000
January 25 Arranged a part-payment of 100 to Mr. Kakkar
January 28 Mr. C. Shah settles his account in full, by paying 950
January 30 Paid for advertising 130
January 31 Paid rent of the office premises 500.
Answers
Answered by
0
Answer:
OK you kept this one what we have to answer.
sorry sorry just I have doubt I can't understand pls don't think bad
Explanation:
Mark me as brain list
Similar questions