Prepare the journal by recording the following transactions 3-Dec Mrs. Vinita started business by transferring amount from

Prepare the journal by recording the following transactions

  

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3-Dec Mrs. Vinita started business by transferring amount from her saving account to the business bank account Rs500000 5-Dec She Purchased godown to stock goods worth Rs 100000 7-Dec She purchased goods for sale, costing her Rs 300000 8-Dec She sold off the entire goods at Rs 500000, credit sales 10-Dec She paid salary to employees Rs 20000 through bank account 3-Dec Mrs. Vinita started business by transferring amount from her saving account to the business bank account Rs500000 5-Dec She Purchased godown to stock goods worth Rs 100000 7-Dec She purchased goods for sale, costing her Rs 300000 8-Dec She sold off the entire goods at Rs 500000, credit sales 10-Dec She paid salary to employees Rs 20000 through bank account

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JOURNAL TRANSACTIONS Journal Entries 3Dec Bank Account Dr 500000 Capital Account Cr 50... View the full answer