Prepare the journal by recording the following transactions 3-Dec Mrs. Veena started business by introducing cash Rs.
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Prepare the journal by recording the following transactions
3-Dec | Mrs. Veena started business by introducing cash Rs. 5000 and Rs 500000 as transfer from her saving bank account in the business |
5-Dec | She Purchased furniture worth Rs 60000, 50% payment made through the bank account of the business and the rest amount is payable |
7-Dec | She purchased goods for sale, costing her Rs 315000 and made the payment through the business bank account |
8-Dec | She sold off the entire goods at Rs 500000 |
10-Dec | She paid rent, electricity, salary to employees Rs10000 of each type of expense through the bank account |
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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