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- Ramesh own a store named Ramesh General Store. For the given events, identify the parties involved and the transactions to be recorded in the
- Ramesh own a store named Ramesh General Store. For the given events, identify the parties involved and the transactions to be recorded in the books of Ramesh General Store 1) Purchased computer for Rs. 20,000 for store use 2) Paid Rs. 5000 salary to Binod (store staff) 3) Sold old domestic furniture for Rs. 2000 4) Borrowed Rs. 25000 from SBI Bank to expand the store 5) Purchased refrigerator for Rs. 10000 to store cold drinks in the store 6) Ramesh took Ghee worth Rs. 1000 from store to home 7) Appointed a new sales assistant (Deepika) 8) Will buy cold drinks for Rs. 3000 next month 9) Purchased a glass showcase for Rs. 4000 for store. Market price was Rs. 4500 10) Yogesh promised to buy goods worth Rs. 2500 two months later
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