Question
Preparing the Journal Book based on following transactions (Please write narrations for each transaction in journal book) 1.On 2021 April 1st Ramesh started his business
Preparing the Journal Book based on following transactions (Please write narrations for each transaction in journal book)
1.On 2021 April 1st Ramesh started his business with cash Rs. 1 lakh 2.On 2nd April, withdrew cash for personal use Rs. 10,000 3.On 4th April, Purchased furniture from Mohan on credit (Value is Rs. 20,000) 4.On 6th April, purchased goods from Ram on credit (Value is Rs. 10,000) 5.On 7th April, sold goods to Hari on credit (Value is Rs. 5,000) 6.On 8th April, deposited into bank Rs. 15,000 7.On 9th April, withdrew from bank for office use Rs. 25,000 8.On 11th April, Received cash from a customer, Shyam Rs. 12,500 9.On 13th April, Paid salary by cheque Rs. 14,000 10.On15th April, Received donation in cash Rs. 7,000 11.On 16th April, Goods withdrawn for personal use, it value is Rs. 5,000 12.On 20th April, Paid interest on loan Rs. 1,000 13.On 25th April, Interest allowed by bank Rs. 800
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