1. Journalise the following transactions in the Journal of Rakesh, Delhi and post them to the LedgerMarchMach 2March 4March 5March 8March 10Started business with cashOpened bank account with SBIGoods purchased from RajGoods purchased for cashGoods sold to NamanCash paid to RajMarch 15 Cash received from NamanDiscount allowedPaid wagesFurniture purchased for office use Withdrawn from bank for personal usestarch 16March 18March 20March 23 Goods taken for personal purpose. These goods were purchased from Raj..March 24 Drawn cash from bank for office useMarch 26March 27Commission received.Bank charges.March 28 Cheque issued for life insurance premium of proprietor.March 29Paid salary.March 30 Cash sales80,00022,00030,00012,00022,00011,7003002005,0004,0002,0006,0001,0003003,00010,00020,000

1. Journalise the following transactions in the Journal of Rakesh, Del

1.	1. Journalise the following transactions in the Journal of Rakesh, Delhi and post them to the LedgerMarchMach 2March 4March 5March 8March 10Started business with cashOpened bank account with SBIGoods purchased from RajGoods purchased for cashGoods sold to NamanCash paid to RajMarch 15 Cash received from NamanDiscount allowedPaid wagesFurniture purchased for office use Withdrawn from bank for personal usestarch 16March 18March 20March 23 Goods taken for personal purpose. These goods were purchased from Raj..March 24 Drawn cash from bank for office useMarch 26March 27Commission received.Bank charges.March 28 Cheque issued for life insurance premium of proprietor.March 29Paid salary.March 30 Cash sales80,00022,00030,00012,00022,00011,7003002005,0004,0002,0006,0001,0003003,00010,00020,000
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Tois question based GISTBasie Prodquet? Gust Sales SupplyАB 2200150800118.00 to 20018.001 300 Intre statoI istrustile12.00 lo1120 Istrestaleb.Tabb Trade Details (sales and purchaseJitems opening stat I purchased sold closingo0104803oa) find out belowgiveoQuestionsCGST ,SGST , LGST final balance?1. use different lable for saleand purchas drade.Neft profit from the trade?closing stock valuations ?

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