Monday, February 18, 2013

Finance

Journalize the following transactions:
1. Gopal commenced business with notes Rs 5,000.
2. paying into assert Rs 1,000
3. Bought goods for cash Rs 1,000
4. Bought office furniture for cash Rs 500
5. Sold goods for cash Rs 600
6. Sold goods to Murthy Rs 400
7. Bought goods from Narayan Rs 500
8. Paid rent to landlord Rs 300
9. Paid salary to theater director Rs 100
10. Sold furniture for cash Rs 200
11. original commission from Suresh Rs 20
12. Paid carriage Rs 50
13. Owner withdrew cash from office for personal call Rs 200
14. Cash withdrawn from bank Rs 1,000
15. Purchased goods from Krsna Rs 4,000
16. Returned goods to Krsna Rs 100
17. Sold goods to Raman Rs 2,000
18. Raman returned goods Rs 50
19. Bought covers, stamps and cards Rs 20
20. authoritative from Raman on account Rs 1,500
21. Paid Krsna on account Rs 3,000
22. Purchased machinery from Hindustan Tools Ltd Rs 3,000
23. Received checkout from Raman on account Rs 300
24. Received loan from fence in Rs 200
25. Paid owners life insurance ex commute premium Rs 100
26. Gave charity Rs 20
27. Purchased a car in exchange for goods Rs 2,000 and cheque Rs 3,000
28. Received from Kishen one thousand rupee note and gave him change for it.

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29. Invested in National Savings Certificates Rs 200
30. Received from Rao advance for goods Rs 100
31. Recd. a cheque from Ram to be credited to Bharath Rs 500
32. Paid value to Bangalore corporation Rs 50
33. Furniture costing Rs 300 destroyed by fire.
34. Bank collected interest on investments Rs 10
35. Bank allowed interest on deposits Rs 20
36. Bank charges Rs 10
37. Commenced business with cash Rs 5,000, goods Rs 2,000 and furniture Rs 8,000
38. Purchased goods from A Rs 1,000 and took from him loan Rs 2,000.
39. Purchased goods for cash Rs 2,000, from C Rs 1,000 and from D on credit Rs 3,000.
40. Sold goods to Z for cash Rs 2,000 and on credit...If you want to shake a full essay, order it on our website: Orderessay



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