Journalise the following transactions: Paid into bank ₹ 21,000 for opening Current Account. Withdrew for personal expenses ₹ 5,000.
Journalise the following transactions:
2022 April 1 | Paid into bank ₹ 21,000 for opening Current Account. |
April 2 | Withdrew for personal expenses ₹ 5,000. |
April 4 | Withdrew from bank ₹ 3,000. |
April 5 | Placed an amount in Fixed Deposit Account at bank by transfer from Current Account ₹ 5,000. |
April 10 | Received a cheque from Shiv & Co. to whom goods were sold for ₹ 3,000. Allowed him 2% discount. |
April 14 | Shiv & Co.’s cheque deposited into bank. |
April 16 | Shiv & Co.;s chque dishonoured (Bank Charges ₹ 10) |
April 17 | Shiv & Co. settled his account by means of a cheque for ₹ 3,000, ₹ 40 being interest charged. |
Anurag Pathak Changed status to publish September 18, 2023