journalise the following transactions in the books of mr vas 618969
Journalise the following transactions in the books of Mr. Vas.
- Vas started his business with cash Rs 1,00,000.
- Purchased goods from Star and Co for cash Rs 20,000.
- Bought office furniture for cash Rs 7,500.
- Bought from Kumar, goods on credit for Rs 30,000.
- goods to Ravi for Rs 5,000 against a cheque.
- Purchased machinery from Biswas and Co. for Rs 1,00,000 out of which Rs 40,000 was paid by cheque.
- Paid office rent Rs 6,000.
- Received from Shekar Rs 4,850 in full settlement of his account for Rs 5,000.
- Salary to a salesman paid by cheque Rs 9,000.
- Received as commission Rs 350.
- Withdrawn cash from bank Rs 6,000 for personal use.
- Cash deposited into Bank Rs 10,000.
- Received on sale of investments Rs 37,000.
- Bank paid directly insurance premium Rs 1,100 for Vas.
- Paid Rs 300 for repair to furniture.
- Wages paid for erection of machinery Rs 600.
- Purchase of a computer on credit from Aditya and Co for Rs 40,000.
- Issued a cheque in favour of Aditya and Co for the purchase of a computer.
- Paid rent by cheque Rs 2,900.
- Paid electricity bill Rs 700 for the month.
- Paid for stationery Rs 250.
- Bank collected interest on our investments Rs 1,200.
- Bought shares in XY Ltd. for Rs 20,000.
- Received Rs 15,000 from Devi by cheque.
- Paid Devi’s cheque into Bank for Rs 15,000.