P: Journalize the following transactions in the books of Prasanth for the year 2023:
Jan 1. Started business with a capital of Rs.2,00,000/-
Jan 3. Opened a bank account in State bank of India and deposited Rs.75,000/-
Jan 7. Purchased good from Krishna Rs.30000/-
Jan 11. Sold goods to Govardhan Rs.50000/-
Jan 12 Cash purchases 10,000/-
Jan 14. Cash sales 25000/-
Jan 17 Paid rent 5000/-
Jan 20 Received cash from Govardhan Rs.20000/-
Post the journal entries in relevant ledgers and prepare a trail balance.
P: Write journal entries for the following transactions in the books of Govind for the 2024
1st Feb Started business with a capital of Rs. 5,00,000/-
2nd Feb Deposited cash into bank Rs.1,20,000/-
3rd Feb Purchased goods from Ranjith worth 50,000/-
7th Feb Sold goods to Ramesh 50000/-.
9th Returned goods to Ranjith 2000/-
20th Feb Paid Wages Rs 5000/- by cheque.
25th Feb Received interest Rs500/-.
P: Journalize the following transactions in the books of Veeresh.
1st April, 2023: Started business with Rs.5,00,000/-.
2nd April: Purchased Office furniture For Rs.50,000/-.
3rd April: Opened a Bank Account with Axis bank and deposited Rs.1,00,000/-.
4th April: Purchased goods from [Link] worth Rs.50,000/-
5thApril: Sold goods to Kamal worth Rs90,000/- .
6th April: Kamal paid Rs.25,000/- by cheque.
7th April: Paid wages Rs.12,000/-.