Question

The following transactions took place in the newly started business of P. Mallick:
(a) Started business with Cash 5,000, Furniture 8,000, Machinery valuing 10,000 and goods
12,000.
(6) Opened a bank account with Allahabad Bank with Cash of 3,000.
(c) Took a bank loan for 10,000 at 15% interest;
(d) Purchase goods in Cash 1,000 and through a cheque for 9,000.
(e) Sold goods on credit to Rahaman 8,000 at a trade discount of 5%.
(1) Cash paid as carriage on goods purchased * 600 and carriage on goods sold 5400. Record the
above transactions in the Journal of P. Mallick.​

Answer 1

Answer:

357000

Explanation:

36848+485868+367488+476578+48757+3784788+484765+584847+4858+4895