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On 16th April, Goods withdrawn for personal use, it value is Rs. 5,000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