Mr. Nirmal has the following transactions in the month of April. Write Journal Entries for the transactions. 1 April: Commenced business with a capital of 1,00,000 5th April Purchased goods from Veeru for 20,000 9th April Purchased Goods for Cash 15,000 14th April: Purchased Goods from Abhiram for cash 9,000 17th April Bought Goods from Shyam on credit 12,000 20th April Sold goods worth 15,000 to Tarun 23rd April: Sold goods for cash 20,000 25th April Sold goods to Utsav for cash 6,000 27th April Sold goods to Pranav on credit 17,000

Mr. Nirmal has the following transactions in the month of April. Write Journal Entries for the transactions. 1 April: Commenced business with a capital of 1,00,000 5th April Purchased goods from Veeru for 20,000 9th April Purchased Goods for Cash 15,000 14th April: Purchased Goods from Abhiram for cash 9,000 17th April Bought Goods from Shyam on credit 12,000 20th April Sold goods worth 15,000 to Tarun 23rd April: Sold goods for cash 20,000 25th April Sold goods to Utsav for cash 6,000 27th April Sold goods to Pranav on credit 17,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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