Question

purchase. goods from harish rs 1500 and paid 500 in cash
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Answer 1

nalysis of Transactions – Posting – Numerical Questions

16. Journalise the following transactions, post to the ledger.

2017 ₹Nov.01Business started with Cash1,50,000Nov.01Business started with Goods50,000Nov.03Purchased goods from Harish30,000Nov.05Sold goods for cash12,000Nov.08Purchase furniture for cash5,000Nov.10Cash paid to Harish on account15,000Nov.13Paid sundry expenses200Nov.15Cash sales15,000Nov.18Deposited into bank5,000Nov.20Drew cash for personal use1,000Nov.22Cash paid to Harish in full settlement of account14,700Nov.25Goods sold to Nitesh7,000Nov.26Cartage paid200Nov.27Rent paid1,500Nov.29Received cash from Nitesh6,800Nov.29Discount allowed200Nov.30Salary paid3,000