Q. 2 Prepare Chart showing Analysis of the following transaction in a Tabular form according
to Modern Approach.
1. Mr. Meghraj started business with cash ` 30,000.
2. Deposited cash into Bank of India ` 2,000.
3. Withdrew cash ` 1,000 for personal use.
4. Purchased goods on credit from Nilesh ` 2,000.
5. Cash purchases ` 3,000.
6. Paid Wages ` 400.
7. Purchase a chair for office use ` 3.200.
8. Sold goods to Mohan worth ` 1,200.
9. Withdrew Cash for Office use ` 3,000.
10. Sold old furniture ` 9,000.
11. Received Dividend of ` 1,000.
12. Paid for Printing bill book ` 200.
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