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Journalise the following transactions is the journal of M/s. Goel Brothers and post them to the ledger. (5 MARKS)
2017
Rs
Jan. 01
Started business with cash
1,65,000
Jan. 02
Opened bank account in PNB
80,000
Jan. 04
Goods purchased from Tara
22,000
Jan.05
Goods purchased for cash
30,000
Jan.08
Goods sold to Naman
12,000
Jan.10
Cash paid to Tara
Jan.15
Cash received from Naman
11,700
Discount allowed
300
Jan. 16
Paid wages
200
Jan. 18
Furniture purchased for office use
5,000
Jan. 20
Withdrawn from bank for personal use
4,000
Jan. 22
Issued cheque for rent
3,000
Jan. 23
Goods issued for house hold purpose
2,000
Jan. 24
Drawn cash from bank for office use
6,000
Jan. 26
Commission received
1,000
Jan. 27
Bank charges
Jan. 28
Cheque given for insurance premium
Jan. 29
Paid salary
7,000
Jan. 30
Cash sales
10,000
By: santosh ProfileResourcesReport error
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