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Jan. 10 Goods of Rs. 3500 sold at Rs. 4,000
Jan. 12 Paid to Geeta Traders in cash Rs. 40,000 and with cheque of Rs. 9,900
Jan. 15 Interest on loan Rs. 2000 is paid
Jan. 18 Interest on investment Rs. 2500 deposited into bank
Jan. 20 Issued a cheque of Rs. 7,800 in favourer of Bigyan Furniture
Jan. 25 Received cash from Sanat Enterprises

Jan. 28 Salary paid to Kiran Rs. 5,000 out of total salary of Rs. 6000
Jan. 30 Cash drawn for office use Rs. 25,000
21. Mr. Ramesh started business on 1st January 2015 and made the
following transactions in the first month.
Jan. 1 Invested Rs. 80,000 in business
Jan. 2 Bought goods from Pemba for Rs. 16,000
Jan. 6 Purchased goods from Raju for Rs. 8,000
Jan. 8 Sold goods to Manish Rs. 4,000
Jan. 10 Sold goods for Rs. 9,600
Jan. 12 Machinery purchased from Green Trading for Rs. 15,000
Jan. 15 Drawn for personal use Rs. 1000
Jan. 18 Paid to Raju Rs. 7,900 in full settlement
Jan. 20 Received cheque from Manish
Required: Journal entries for above transactions

22. The following transactions occured to Sujan during the first month of
the operation of business.
Ahoj 1 Commenced with cash Rs. 1,50,000

Ashoj 2 Purchased an asset of Rs. 60,000
Ashoj 3 Purchased machinery of Rs. 25,000

Ashoj 4 Purchased goods on credit Rs. 1,00,000
Ashoj 5 Sale of goods for cash Rs. 80,000
Ashoj 6 Paid salary Rs. 20,000

Ashoj 14 Received Rs. 40,000 from customers
Ashoj 20 Borrowed loan from Nabil Bank Rs. 30,000
Ashoj 25 Drawn Rs. 2000 for domestic and Rs. 5000 for office use

Ashoj 30 Paid for newspaper Rs. 700
Ashoj 30 Paid Rs. 5000 for rent by cheque

136 Office Practice and Accounting 9