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Dec. 01 Business started with cash 1,20,000Dec. 02 Opened a bank account with ICICI 4,00,00Dec. 04 Goods purchased for cash 12,000Dec. 10 Paid cartage 500Dec. 12 Goods sold on credit to M/s Lara India 25,000Dec. 14 Cash received from M/s Lara India 10,000Dec. 16 Goods returned from Lara India 3,000Dec. 18 Paid trade expenses 700Dec. 19 Goods purchased on credit from Taranum 32,000Dec. 20 Cheque received from M/s Lara India for final settlement 11,500and deposited sameday into bankDec. 22 Goods returned to Taranum 1,500Dec. 24 Paid for stationery 1,200Dec. 26 Cheque given to Taranum on account 20,000Dec. 28 Paid rent by cheque 4,000Dec. 29 Drew cash for personal use 10,000Dec. 30 Cash sales 12,000Dec. 31 Goods sold to M/s Rupak Trader |
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Answer» Answer: Dec. 01 Business started with cash 1,20,000 Dec. 02 Opened a bank account with ICICI 4,00,00 Dec. 04 Goods purchased for cash 12,000 Dec. 10 Paid cartage 500 Dec. 12 Goods sold on credit to M/s Lara India 25,000 Dec. 14 Cash received from M/s Lara India 10,000 Dec. 16 Goods returned from Lara India 3,000 Dec. 18 Paid trade expenses 700 Dec. 19 Goods purchased on credit from Taranum 32,000 Dec. 20 Cheque received from M/s Lara India for final settlement 11,500 and deposited sameday into bank Dec. 22 Goods returned to Taranum 1,500 Dec. 24 Paid for stationery 1,200 Dec. 26 Cheque given to Taranum on account 20,000 Dec. 28 Paid rent by cheque 4,000 Dec. 29 Drew cash for personal use 10,000 Dec. 30 Cash sales 12,000 |
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