Q. Journalise the following transactions of Rakesh Agencies, Delhi (Proprietor Shri Rakesh):
| 2019 |
|
₹ |
| Jan 1 |
Rakesh commenced business with cash |
50,000 |
| Jan 2 |
Purchased goods for cash |
10,000 |
| Jan 5 |
Purchased goods from Mohan, Delhi |
6,000 |
| Jan 7 |
Opened bank account with Bank of India |
10,000 |
| Jan 10 |
Purchased furniture for office |
2,000 |
| Jan 15 |
Sold goods for cash |
8,000 |
| Jan 20 |
Sold goods to Ram, Delhi |
5,000 |
| Jan 25 |
Cash sales |
3,500 |
| Jan 27 |
Paid to Mohan on account |
3,000 |
| Jan 28 |
Ram returns goods costing |
500 |
| Jan 31 |
Paid Salaries |
9,000 |
| Jan 31 |
Rejected and returned 10% of goods supplied by Mohan |
|
