The following are the transactions of Kumar Swami for the month of January 2017. Make
journal entries, post them into ledger and balance the account. (See Lesson- 6)
Jan. 1 Capital paid into Bank 3,00,000
Jan. 1 Bought Stationery for cash 400
Jan. 2 Bought Goods for cash 25,000
Jan. 3 Bought Postage Stamps 600
Jan. 5 Sold Goods for cash 10,000
Jan. 6 Bought Officer Furniture from Mahendra Bros. 40,000
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