(Received cash for dividend on securities 600
F 84.600)
Joumalise the following transactions
2020
2020
Feb
Mar.
1 Commenced Business with Cash 1,00,000 30 Paid cash to Ram
10,000
1 Bought office furniture for
31 Paid cash to Agarwal
10.000
Karta & Co
30,000 April
5 Bought goods from Ram
50,000 4 Paid salaries
20.000
10 Bought goods from Agarwal 20.000 5 Paid office rent
5.000
Mar
7 Sold goods for cash
25.000
1 Sold goods to Prakash
8.000 8 Bought goods for cash
10,000
5 Sold goods to Tina & Co
21,000 11 Paid for stationery
12 Bought goods for Harish
4,000 15 Received cash from Sital & Co. 16,000
17 Bought goods from Jain & Co
8,000 15 Received cash from Banerjee 20.000
20 Sold goods to Sital & Co
20,000 17 Paid cash to Harish
23 Sold goods to Banerjee
20,000 17 Paid cash to Jain & Co.
25 Received cash from Tina & Co
9,000 20 Purchased goods for cash
27 Received cash from Prakash
Total of Journal 4,52,000)
500
4,500 25 Paid Kamta & Co.
3,500
2.500
10.000
30.000
Ram was carrying on business as a cloth dealer. On 1st Jan 2020 his assets were : Furniture
Eind Office Equipment ? 12 500. Stock of Cloth? 1.25,000: Cash in hand, 72.250, Bank
Balance 7 42 500 Amount due from B6,000. Amount due from G 7.500. On that date
wed 10,000 to M and 7.250 to P His transactions during Jan 2020 were as follows
2020
Jan 1 Sold cloth on credit to G
Purchased cloth from A on credit
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