Question
Journalise the following transactions (10 Marks) 1. Rajasaheb started business with cash Rs. 85,000 and furniture Rs. 15,000. 2. Goods Purchased for cash Rs. 5,000.
Journalise the following transactions (10 Marks)
1. Rajasaheb started business with cash Rs. 85,000 and furniture Rs. 15,000.
2. Goods Purchased for cash Rs. 5,000.
3. Sold goods on credit worth Rs. 6,000.
4. Cash deposited into Bank of Maharashtra Rs. 12,000.
5. Interest received Rs. 700 from Radhika.
6. Paid Rent Rs. 2,000 to landlord, 1000 was still payable.
7. Bought goods on credit from Birajmohan Rs. 7,000.
8. Withdrew cash from bank Rs. 1,000 for office use.
9. Purchased computer Rs. 9,000 for cash and Rs. 5,000 by cheque.
10. Paid Mobile bill (personal) Rs. 500.
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