Enter the following transactions in the Journal of Gurman: Gurman invested capital in cash ₹ 1,00,000
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Journalise the following transaction in the books of Ram: Business started with cash ₹ 1,00,000 Goods purchased for cash ₹ 25,000
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Pass Journal entries in the books of Puneet, Delhi for the following: Received an order from karan & Co. for supply of goods of ₹ 50,000.
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Oswal Woolen Mills, Amritsar (Punjab) sold shawls to Gupta Shawls, Jaipur as per details:
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Mittal Cycles purchased 100 cycles from Hero Cycles, Ludhiana (Punjab) @ 1,200 per cycle
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Pass Journal entries to record the following transactions in the books of Subasis Sarkar, Kolkata:
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Journalise the following transactions of Pradeep in his books: M. Sudarshan owes ₹ 2,850 and pays ₹ 2,775 in settlement.
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On 1st April, 2023, the position of Murari Bros. was as follows: Stock ₹ 2,88,000; Bills Payable ₹ 48,000; Cash at Bank ₹ 2,16,000; Plant and Machinery ₹ 1,20,000
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On 1st April, 2023, the position of Rahman was as follows: Cash in Hand ₹ 11,200; Cash at Bank ₹ 2,57,600; Bills Receivable ₹ 68,800; Jai Ram (Dr.) ₹ 16,000
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Journalise the following transactions: Shyam became insolvent. A first and final compensation of 75 paise in a rupee was received from his official receiver. He owed a debt of 10,000
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