Transactions during the month of January 2009.
Transactions during the month of January 2009.
Rs
Jan
1
Paid wages due
200
3
Sold goods to Mr. P less 10% for cash in 20 days.
2,000
5
Sold goods to Mr. X less 5% trade discount
5,000
7
Cash paid into bank
7,000
9
Paid Kumar by cheque in full settlement
950
11
Sent Mr. X a credit note for Rs 250 for an allowance claimed by him for inferior goods
15
Discounted A’s acceptance at bank for
975
17
B became insolvent; received from him first and final dividend of forty-paise in the rupee.
19
Withdrew from bank for office use
750
23
Received cheque from Mr. P for the amount due and paid the same into bank.
25
Sold shares Rs 5,000 at a premium of 3% less brokerage 1%
27
Paid Ravi by cheque in full settlement
2,450
28
Mr. P’s cheque was returned dishonoured and the discount was disallowed.
