Q2. Journalize the following transaction in the book of Ghazi's and Sons co. Started business with cash Rs 50,000. • Sold goods to waqar Rs 10,000. Sold goods for cash Rs 3000. Bought office equipment for cash Rs 2500. Purchase goods from nisar Rs 14,000. Received from wagar 10,000. Allow discount Rs 40. Paid salaries Rs 1000
Q2. Journalize the following transaction in the book of Ghazi's and Sons co. Started business with cash Rs 50,000. • Sold goods to waqar Rs 10,000. Sold goods for cash Rs 3000. Bought office equipment for cash Rs 2500. Purchase goods from nisar Rs 14,000. Received from wagar 10,000. Allow discount Rs 40. Paid salaries Rs 1000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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