(32)
Enter
the following transactions in the Journal of Raj Mohan:
2018
May 1 Raj Mohan Started
Business with Cash % 50,000 and Bank Balance
₹ 75,000
May 3 Bought Machinery from
Ajay for = 50,000 by cheque
May 4 Bought goods for
$5,000 from Akash on Credit.
May 5 Goods Sold for €5,000
on credit to Vijay
May 9 Bought goods from
Akshay for % 4,000.
May 10 Goods Returned by
Vijay for = 2,500.
May 11 Bought shares from
AB & Co. for = 50,000 paid by Cheque.
May 12 Paid Rent to Ram =
1,000
May 13 Commission Received
= 2,000
May 14 Wages Paid to
Labourers = 1,000.
May 18 Goods Returned to
Akshay = 1,500
May 19 Salary Paid = 1,000
to Krishna.
May 22 Amount of Dividend
paid to Ram which was received earlier ¥ 5,000
May 23 Dividend received =
1,000.
Note: Answers of this assignment will be shown in next
notes Number 33.
