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Pass necessary Journal entries for the following transactions:
2022 April 1 Deposited in bank 30000
April 3 Cash withdrawn from bank 10000
April 7 Wages paid by cheque 7000
April 10 Cheque received from Deewan ₹ 8,500 and discount allowed to him ₹ 500. Cheque is deposited in bank on the same day.
April 12 As per standing instructions, bank paid Telephone Bill 1000
April 14 Deewan’s cheque returned by the bank as dishonoured.
April 16 Charges debited by bank 400
April 17 Goods sold and sale proceeds deposited in bank 8000
April 19 Bank has paid insurance premium as per our standing instructions 1800
April 25 Dividend collected by Bank 2500
Anurag Pathak Changed status to publish September 19, 2023
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