QUESTIONS:

Following are the transactions. You are required to:

Identify Accounting transactions & pass journal entries $($in the journal format$).$

Also identify Non $-$ Accounting transactions $($if any$)$ & give a note regardinglhe same

Jan $1,$ Opened SB A$/$c with Vijaya Bank $.50,000$

Jan $8,$ Bought office furniture for cash $\mathrm{.}8,000.$

Jan $15,$ Appointed Mr$.$ Sathish as manager with a monthly salary of $\mathrm{.}5,000$ per month.

Jan $23,$ Received commission from Pavithra $\mathrm{.}3,500.$

Jan $30,$ Paid salary to manager $.15,000.$

Total Marks: $12$

Evaluation Rubrics:

$\backslash$table$[[$Criteria$/$Description$,$Marks$],[$Journal entry with narration $(2$ marks each$),10$ marks$],[$Journal format,$2$ marks$]]$