You are required to write journal entries in Journal book for the following transactions. (i). Issue of equity shares for Rs 2,00,000 (ii). Purchase of land for Rs 65,000 cash (iii). Purchase of building for Rs 35,000 with the help of mortgage loan. (Iv). Purchase of equipment for Rs 15,000 cash. (v). Purchase of inventory on cash for Rs 15,000 (vi). Purchase of inventory on credit for Rs 25,000 (vii). Cash sales revenue Rs 25,000 (viii). Credit sales revenue Rs 62,000 (ix). Salaries and wages paid Rs 7,300 (x). Collection from customers Rs 42,000 Answer: Journal Book Sr. No. Particulars LFN Dr Cr Amount Amount