3.SL. Journalise the following transactions in the books of a trader: 1984 Rs: 1984 Rs. Dec. 1 Started business with Dec.22 Cash received from cash 50,000 M. Rauf in full settlement 7.600 Dec. 3 Goods purchased for cash 30.000 Dec. 3 Furniture purchased for cash of his account Dec.25 Cash paid to Zulfiqar and he allowed discount 1,900 5.000 100 Dec. 7 Sold goods for cash 10.000 Dec.28 Cash paid for purchase of stationery 250 Dec. 9 Sold goods to M. Rauf Dec. 12 Goods purchased from 8.000 Dec.31 Paid office rent 800 Zulfiqar 5.000 Dec.31 Goods returned to Dec. 16 Goods sold to Ali and Zulfiqar 500 allowed him 10 ". trade Dec.31 Paid salaries to staff 900 discount 6.000
3.SL. Journalise the following transactions in the books of a trader: 1984 Rs: 1984 Rs. Dec. 1 Started business with Dec.22 Cash received from cash 50,000 M. Rauf in full settlement 7.600 Dec. 3 Goods purchased for cash 30.000 Dec. 3 Furniture purchased for cash of his account Dec.25 Cash paid to Zulfiqar and he allowed discount 1,900 5.000 100 Dec. 7 Sold goods for cash 10.000 Dec.28 Cash paid for purchase of stationery 250 Dec. 9 Sold goods to M. Rauf Dec. 12 Goods purchased from 8.000 Dec.31 Paid office rent 800 Zulfiqar 5.000 Dec.31 Goods returned to Dec. 16 Goods sold to Ali and Zulfiqar 500 allowed him 10 ". trade Dec.31 Paid salaries to staff 900 discount 6.000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![3.SL. Journalise the following transactions in the books of a trader:
1984
Rs: 1984
Rs.
Dec. 1 Started business with
Dec.22 Cash received from
cash
50,000
M. Rauf in full settlement
7.600
Dec. 3 Goods purchased for cash 30.000
Dec. 3 Furniture purchased
for cash
of his account
Dec.25 Cash paid to Zulfiqar
and he allowed discount
1,900
5.000
100
Dec. 7 Sold goods for cash
10.000 Dec.28 Cash paid for purchase
of stationery
250
Dec. 9 Sold goods to M. Rauf
Dec. 12 Goods purchased from
8.000
Dec.31 Paid office rent
800
Zulfiqar
5.000 Dec.31 Goods returned to
Dec. 16 Goods sold to Ali and
Zulfiqar
500
allowed him 10 ". trade
Dec.31 Paid salaries to staff
900
discount
6.000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F383ec4b1-e639-4640-8e33-8f988e69d5dd%2F0fc518d1-3d1a-40f0-a86e-afb6faec8ca6%2Fme36nb6.jpeg&w=3840&q=75)
Transcribed Image Text:3.SL. Journalise the following transactions in the books of a trader:
1984
Rs: 1984
Rs.
Dec. 1 Started business with
Dec.22 Cash received from
cash
50,000
M. Rauf in full settlement
7.600
Dec. 3 Goods purchased for cash 30.000
Dec. 3 Furniture purchased
for cash
of his account
Dec.25 Cash paid to Zulfiqar
and he allowed discount
1,900
5.000
100
Dec. 7 Sold goods for cash
10.000 Dec.28 Cash paid for purchase
of stationery
250
Dec. 9 Sold goods to M. Rauf
Dec. 12 Goods purchased from
8.000
Dec.31 Paid office rent
800
Zulfiqar
5.000 Dec.31 Goods returned to
Dec. 16 Goods sold to Ali and
Zulfiqar
500
allowed him 10 ". trade
Dec.31 Paid salaries to staff
900
discount
6.000
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