Show the accounting equation on the basis of the following transactions. 1. Rajkumar started business with cash Rs 30,000. 2. Purchased goods for cash Rs 1,000. 3. Paid salary Rs 400. 4. Paid rent in advance Rs 2,000. 5. Charged depreciation Rs 300 on Furniture and Rs 500 on Machinery.
Transactions of Sunil for the month of April are given below. Journalise them. 2016Amt. (Rs)Apr 1 Sunil started business with cash3,00,000Apr 3 Bought goods for cash15,000Apr 13 Sold good toi Aditya4,500Apr 20 Bought goods from Sunney6,750Apr 24 Received from Aditya4,500Apr 28 Paid cash to sunny6,450Apr 30 Cash sales for the month24,000Apr 30 paid salary to Ram9,000Apr 30 Goods wwere ruturned to abhilshek10,000
Journalise the following transactions in the books of Himanshu:
2017
Rs
Dec.01
Business started with cash
75,000
Dec.07
Purchased goods for cash
10,000
Dec.09
Sold goods to Swati
5,000
Dec.12
Purchased furniture
3,000
Dec.18
Cash received from Swati in full settlement
4,000
Dec.25
Paid rent
1,000
Dec.30
Paid salary
1,500
Vinod has the following transactions. Show accounting equation for the same:
(i) Commenced business with cash Rs.80,000.
(ii) Paid rent in advance Rs.1,000.
(iii) Purchased goods for cash Rs.30,000 and credit Rs.20,000.
(iv) Sold goods costing Rs.20,000 for Rs.30,000.
(v) Paid Salary Rs.800 and Salary outstanding Rs.200.
Journalise the following transactions in the books of Miss. Nivedita.