Question
on April 01,2006 Aneesa started business with Rs.100000 and other transactions for the month are 2.purchase furniture Rs7000 8.purchase goods for cash Rs 1000 from
on April 01,2006 Aneesa started business with Rs.100000 and other transactions for the month are
2.purchase furniture Rs7000
8.purchase goods for cash Rs 1000 from khalid retail store
14.sold goods to khan brothers RS12000 and cash sales RS5000
18.owner withdrew of worth Rs 2000 for personal use
22.paid khalid retail store RS 500
26.Received RS10000 from khan brothers
30.paid salaries expense RS 2000
ENTER THE JOURNAL ENTRIES OF THE BUSINESS
B. Prepare journal entries of the following transactions of a business called pose for pics in 2016
aug:1 haskim the owner invested RS 57,500 CASH AND RS 32500 OF PHOTOGRAPHY EQUIPMENT IN THE BUSINESS
04;paid RS3000 cash for an insurance policy covering the next 24 months
07;services are performed and clients are billed for RS 10,000
13.purchased office supplies for Rs 400 and remaining outstanding
20 received Rs 2000 cash in photography fees earned previously
24.THE CLIENT IMMEADIATELY PAYS rs 15000 FOR SERVICES PERFORMED AT A LATER DATE .
29THE BUSINESS ACQUIRES PHOTOGRAPHY EQUPMENT .THE PURCHASE PRICE IS RS 100000 PAYS RS 25000 CASH AND SIGNS A NOTE FOR THE BALANCE
PROVIDE A SUITABLE SOLUNTION FOR THE ABOVE
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