JOURNAL ENTRIES
1. Started business with cash of Rs. 1,00,000
2. Cash deposit into the bank of Rs. 30,000
3. Purchase goods for cash of Rs. 10,000
4. Sold goods for cash of Rs. 20,000
5. Paid cash for commission 6,000
6. Paid salary by cheque 7,000
7. Purchase furniture in cash of Rs. 9,000
8. Sold goods for cash of Rs. 20,000
9. Purchase goods for cash of Rs. 10,000
10.Received cheque from commission 3,000
11. Open a new bank account in HDFC bank and cash deposit into the bank
of Rs. 6,000
12.Cash withdrawal form bank for office use 5,000
13. Sold goods for cash of Rs. 30,000
14.Purchase furniture in cash of Rs. 8,000
15.Open a new bank account in SBI and cash deposit into the bank of Rs.
9,000
16.Paid salary by cheque pay cut from SBI bank account of Rs. 7,000
17.Received interest in cash 6,000
18.Paid commission by cheque 8,000
19.Purchase computer in cash 10,000
20.Cash withdrawal from SBI bank for office use 8,000
21.Sold our old computer in cash 7,000