Following transaction are given to you: Jan-1 Started business with cash Rs. 40,000.
Jan-2 Deposited cash Rs. 25,000 into bank.
Jan-3 Withdrawn cash Rs. 10,000 from bank for office use.
Jan-4 Purchased goods of Rs.20,000.
Jan-5 Sold goods to Mamata for Rs.80,000.
Jan-6 Purchased furniture on credit Rs.20,000.
Jan-7 Sold a part of furniture for Rs.5,000.
Jan-8 Received rent Rs.20,000 through cheque.
Jan-9 Purchased stationery of Rs.1,000.
Jan-10 Received cash Rs.18,000 from Naresh with full settlement of Rs.20,000.
Jan-11 Paid cash Rs.9,000 to creditor with full settlement of Rs.10,000.
Jan-13 Nabina, a debtor for Rs.20,000 has declared insolvent and received 20% of her
state with full settlement.
Required: Journal Entries in the books of Mr. Majahan.