ASSIGMENTS ACCOUNTS.pdf - Adobe Acrobat Reader (64-bit) File Edit View Sign Window Help Home Tools ASSIGMENTS ACC... QUESTION ONE A. Pass the necessary joumal entry and post them to ledger accounts 2020Mr. Tomss commenced business and have furrished the following- B. Jeyaseeli is a sole proprietor having a provisions store. Following are the transactions during the month of January, 2020. Journalise them. Jan. (Dollars) 1 Commenced business with cash -80.000 2. Deposited cash with bank - 40,000 3 Purshased goods by paying cash -5.000 4 Purchased goods from Lipton \& Co, on credit 10,000 5 Sold goods to Joy and received cash - 11,000 6 Paid salaries by cash =5,000 7 Paid Lipton \& Co. by cheque for the purchases made on 4 th Jan. 8 Bought funniture by eash =4,000 9 Paid electricity charges by cash 1,000 10 Bark paid insurance premium on furnitare as per standing instructions -300