These are the transactions of nimala’s business on march.record these in single column cash book ,ledger accounts and double entrys. Â 1/3…
These are the transactions of nimala’s business on march.record these in single column cash book ,ledger accounts and double entrys.
1/3 owner introduced Rs.400,000 to the business.
3/3 purchased goods for cash Rs.120,000.
5/3 loan obtained Rs. 400,000.
7/3 paid electricity bills Rs.2000.
9/3 deposited money in the bank Rs.25,000.
11/3 received Rs.45,500 by the debtor.
19/3 owner took money for his personal use Rs.15,000.
21/3 vehicle were purchased for Rs.700,000.
24/3 sells goods for cash Rs.25,000.
26/3 purchased goods Rs.25,000.
27/3 got a commission Rs. 3500.
29/3 sold a van Rs. 350,000.