Journal Entries Flashcards
1
Q
Purchased building with cash ₹5,00,000
A
2
Q
Paid monthly rent with cheque ₹2,500
A
3
Q
Cash withdrawn for personal use ₹10,000
A
4
Q
Insurance premium paid for 6 months ₹1,200
A
5
Q
Received cash from daily sales ₹6,000
A
6
Q
Payment received from a customer ₹1,500
A
7
Q
Started business with capital ₹10,00,000
A
8
Q
Interest received on investment ₹500
A
9
Q
Salary paid ₹7,000
A
10
Q
Goods purchased ₹25,000
A
