Question

Pass journal entries in respect of the folowing transactions.
2018
April
1, Started business with Cash Rs.400000 and Machinery Rs.2000,
3.Paid into bank Rs.200000 5. Purchased goods for cash Rs.100000.
8.Sold goods to Mr. Thomas Rs.50000.
14 Paid for repairs Rs.500.
20, Withdrew cash from bank for office use Rs.20000.
24.Purchased stationery Rs.1000.
30.Paid rent Rs.2000 and salaries Rs.3000​

Answer 1

Explanation:

please check the attachment