1.

Journalise the following transactions: 2017 ₹ Jan. 1 Paid into bank for opening a Current Account 10,000 3 Goods sold for ₹ 50,000 and the amount was deposited into the bank 7 Amount withdrawn from bank 20,000 10 Goods sold for Cash 15,000 12 Amount deposited into bank 12,000 14 Goods purchased and payment made by cheque. 25,000

Answer» Journalise the following transactions:













































2017 ₹
Jan. 1 Paid into bank for opening a Current Account 10,000
3 Goods sold for ₹ 50,000 and the amount was deposited into the bank
7 Amount withdrawn from bank 20,000
10 Goods sold for Cash 15,000
12 Amount deposited into bank 12,000
14 Goods purchased and payment made by cheque. 25,000


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