Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Record the transaction in Journal. On April 01, 2019 Mr. X started business with Rs. 100,000 and other transactions for the month are: 2. Purchase

Record the transaction in Journal.

OnApril 01, 2019Mr. X started business with Rs. 100,000 and other transactions for the month are:

2.Purchase Furniture for Cash Rs. 7,000.

8.Purchase Goods for Cash Rs. 2,000 and for Credit Rs. 1,000 from Khalid Retail Store.

14.Sold Goods to Khan Brothers Rs. 12,000 and Cash Sales Rs. 5,000.

18.Owner withdrew of worth Rs. 2,000 for personal use.

22.Paid Khalid Retail Store Rs. 500.

26.Received Rs. 10,000 from Khan Brothers.

30.Paid Salaries Expense Rs. 2,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Debra C. Jeter, Paul K. Chaney

7th edition

1119373204, 9781119373254 , 978-1119373209

More Books

Students also viewed these Accounting questions

Question

What are the different techniques used in decision making?

Answered: 1 week ago

Question

Self-awareness is linked to the businesss results.

Answered: 1 week ago

Question

1. Too reflect on self-management

Answered: 1 week ago

Question

Food supply

Answered: 1 week ago