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Q1: Abc company has following transaction data for the month of January. Jan. 2 Invested Rs.10,000 cash in business. 9 Purchased supplies on account for
Q1: Abc company has following transaction data for the month of January. Jan. 2 Invested Rs.10,000 cash in business. 9 Purchased supplies on account for Rs.500. 11 Billed customers Rs.2,100 for services performed. 16 Paid Rs.350 cash for advertising. 20 Received Rs.700 cash from customers billed on January 11. Instruction: Record each of these transactions in journal. (05 Marks)
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