Question

Q.3. Journalise the following transactions in the books of Mantri.2011June 1. Commenced business with Cash 1,20,000, Goods * 60,000 and Furniture * 65,000.3. Opened a current account in Bank of Baroda by depositing 75,000.5. Cash purchases 35,000.7. Cash Sales * 55,000.10. Purchased goods worth 20,000 from Amit & Co. Subject to trade discount of 2%.14. Credit Sales to Kalpana * 15,000.16. Paid cash to Amit & Co. 9,60019. Goods distributed as free samples of * 1,500.21. Received Cash from Kalpana 5,000.24. Returned goods of 750 to Amit & Co.30. Rent paid by cheque * 7,000​

Answer 1

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Answer 2

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