Question 1: Journalize the following transactions in the books of KC Enterprises:

Date Transaction
Owner introduced Rs. 1,00,000 in ICICI Bank Account of KC Enterprises and
01.04.2019
Machine worth Rs. 50,000.
02.04.2019 Cash Rs. 50,000 deposited in ICICI Bank.
03.04.2019 Purchased goods worth Rs. 20,000 from Mr. Supplier.
04.04.2019 Salary accrued Rs. 5,000 for Aman and Rs. 7,000 for Naman.
05.04.2019 Salary paid Rs. 15,000 for Aman and Rs. 5,000 for Naman from ICICI Bank.
06.04.2019 Paid rent Rs. 10,000 from SBI Credit Card.
07.04.2019 Borrowed Rs. 1,00,000 from HDFC Finance in ICICI Bank.
08.04.2019 Purchased goods Rs. 50,000 from Supplier Zee.
09.04.2019 Sold goods Rs. 67,500 to Customer 1.
10.04.2019 Customer 1 paid Rs. 60,000 in total settlement against sales in cash.

Question 2: Prepare ledger accounts for the following transactions in the books of KC & Co.
(Advocates), Pune:
Date Transaction
01.04.2019 Invoice for professional fees Rs. 1,50,000 raised on Mr. Aman
02.04.2019 Salaries accrued for Mr. A - Rs. 5,000 & Mr. B – Rs. 7,000
03.04.2019 Paid rent Rs. 10,000 to Mr. Landlord
04.04.2019 Interest received on deposits Rs. 1,500 from ICICI Bank
Cash deposited Rs. 10,000 in ICICI Bank and closing balance of cash
05.04.2019
as on 31.03.2020 is Rs. 15,000
06.04.2019 Invoice for professional fees Rs. 10,000 raised on Mr. Kamal