proprietor in case of sole
ILLUSTRATION 5. Journalise the following transactions :
Jan. 1 Sahiba started business with cash 3,00,000.
Jan. 3 Cash withdrawn by Sahiba for personal use 7 40,000.
Jan. 7 Additional capital introduced into business – 50,000.
Jan. 10 Sahiba paid the tuition fees of her daughter from the business F 12,000.
Jan. 15 Furniture of the business withdrawn by proprietor for personal use F 24,000.
Jan. 17 Goods withdrawn by Sahiba for personal use – 9,500.
Jan. 19 Life insurance premium paid 7 4,000.
Jan. 21 Income tax paid 7 6,500.
SOTITION
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what is the question please ask again
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jan 1 cash A/c Dr 300000
capital A/c 300000
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