Consider following information

Q1 - B _ Journa Entries

1 Mr. Ahmed invested cash Rs. 125,000

Date Description

2 Bought merchandise for cash Rs.20000

1 Cash

3 Paid rent for the month Rs.5000

4 Purchase office supplies for Rs.1500

(Investemnet in Businee

5 Sold goods for cash Rs.5000

6 Purchase goods on credit from Nasir Ali Rs.10000

2 Purchases

7 Paid salaries to office staff Rs. 12500

8 Paid to Nasir Ali Rs.3500