Question
Journalise the following transaction in the books of Ganguly:
Sept 1, 2019: Assets: Furniture Rs. 5000; Machinery Rs. 10,000;
Stock Rs. 20,000; Cash in hand Rs. 8000; Due from Sunil Rs.
2000 and due from Sanjay Rs. 2000. Liabilities: Amount due to
Jaisimha Rs. 4000; Amount due to Shastri Rs. 2000 and to
Srikanth Rs. 1000
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