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Q 1 Following are the transactions related to M / s Iqra Traders for the month of June 2 0 2 4 June 1 s
Q Following are the transactions related to Ms Iqra Traders for the month of June
June Started business with cash of Rs and merchandise costing Rs
June Paid rent in advance for the current month of Rs June He purchased furniture for this office on credit from
Rizwan costing Rs
June He opened an account in bank with Rs
June He sold merchandise Rs of which Rs is on cash
June Payment made to Rizwan in half settlement of his account
June Customer has cleared his remaining balance by paying Rs in full settlement
June Purchase goods costing Rs on cash
June Drawings for personal use of Rs
June Paid Rs for salary by check
Required: Prepare general journal for the above transactions.
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