Question

SECTION-C
5420
8) Enter the following transactions in the Journal of
Sahil Bros on 2018
Jan 1
started business with Cash
75,000
Jan2 Purchased goods from Atul on
5000
Credit
Jan3 Paid to Atul in full settlement of 4900
account of 5000
Jan 13
Jan 16
Jan 19
Jan23
Jan28
Jan31
Jan31
Salaries paid
700
Rent received
| 1000
Goods sold to Mohan for cash
4000
at 5% discount
Interest on capital @10%p.a.
Withdraw cash for personal use 800
Cash deposited into bank
2000
Goods given away as charity 1
1.000
Outstanding wages 3,000.
Jan31​

Answer 1

Answer:

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