1. (2) 0n 1/1/2018 TOM invests Rs.

5 lakhs in the business

2. (3) On 7/1/2018 TOM buys a shop building worth Rs.2 Lakhs
3. (4) On 10/1/2018 TOM buys furniture worth Rs.10,000
4. (5) On 13/1/2018 TOM buys a packing machine worth Rs.75,000
5. (6) On 16/1/2018 TOM buys RAW MATERIALS from crush for Rs.7500 and
pays in cash
6. (7) On 19/1/2018 TOM incurs Rs.500 as repair charges for the packing
machinery
7. (8) On 22/1/2018 TOM sells packed FINISHED GOODS worth Rs.10,000 to
jerry for cash
8. (9) On 23/1/2018 TOM buys RAW MATERIALS worth 10,000 from crush for
credit
9. (10) On 25/1/2018 TOM sells packed FINISHED GOODS worth Rs.15,000 to
jerry on credit
10.(11) On 28/1/2018 TOM pays crush Rs.8,000 and crush allows TOM a Discount
of Rs.2,000
11.(12) On 31/1/2018 TOM receives Rs.14,000 from jerry in full settlement of the
amount due from him with discount of Rs 1000
12.(13) On 2/2/2018 TOM pays Rs.3,000 as salary to workers
13.14) On 2/2/2018 TOM pays Rs.5000 as electricity bill charges for the last month
14.(15) On 4/2/2018 TOM takes Rs.3,000 to buy a cycle for his personal use