Mr. Nirmal has the following transactions in the month of April. Write Journal Entries for the transactions.
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Question:
Mr. Nirmal has the following transactions in the month of April.
Write Journal Entries for the transactions.
10th April | : | Commenced business with a capital of 1,00,000 |
11th April | : | Purchased goods from Veeru for 20,000 |
13th April | : | Purchased Goods for Cash 15,000 |
14th April | : | Purchased Goods from Abhiram for cash 9,000 |
16th April | : | Bought Goods from Shyam on credit 12,000 |
17th April | : | Sold goods worth 15,000 to Tarun |
19th April | : | Sold goods for cash 20,000 |
20th April | : | Sold goods to Utsav for cash 6,000 |
21st April | : | Sold goods to Pranav on credit 17,000 |
22nd April | : | Returned goods to Veeru 3,000 |
23rd April | : | Goods returned from Tarun 1,000 |
25th April | : | Goods taken by the proprietor for personal use 1,000 |
26th April | : | Bought Land for 50,000 |
27th April | : | Purchased machinery for cash 45,000 |
28th April | : | Bought computer from Intel Computers for 25,000 |
28th April | : | Cash sales 15,000 |
29th April | : | Cash purchases 22,000 |
30th April | : | Bought furniture for proprietor's residence and paid cash 10,000 |
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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