On April 01, 2016 Anees started business
with Rs. 100,000 and other transactions
for the month are:
2. Purchase Furniture for Cash Rs. 7,000.
8. Purchase Goods for Cash Rs. 2,000 and
for Credit Rs. 1,000 from Khalid Retail
Store.
14. Sold Goods to Khan Brothers Rs. 12,000
and Cash Sales Rs. 5,000.
18. Owner withdrew of worth Rs. 2,000 for
personal use.
22. Paid Khalid Retail Store Rs. 500.
26. Received Rs. 10,000 from Khan
Brothers.
30. Paid Salaries Expense Rs. 2,000
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Answer:
Cash a/c dr 100000
To capital a/c. 100000
Furniture a/c 7000
To cash. 7000
Purchase a/c dr 3000
To khalid. 1000
To cash. 2000
Khan brother dr 12000
Cash a/c dr. 5000
To sales. 17000
Drawings a/c dr. 2000
To cash. 2000
Khalid retail store dr 500
To cash. 500
Cash a/c dr 10000
To khan brothers 10000
Salaries a/c dr 2000
To cash. 2000
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