Enter the following transactions in journal, and post them into the ledger.  2018  Mar. 1 Rohan commenced his business with the following assets.              Plant and Machinery 1,00,000              Stock 36,000              Furniture 26,000              Cash 2,500   His transactions for the month were       “ 2 Sold goods to Sanjay 16,000       “ 3 Bought goods from Murari 26,000        “ 4 Sanjay paid cash 10,000       “ 6 Returned damaged goods to Murari 720      “ 10 Paid Murari on account 11,280     “ 15 Bought goods from Govind 21,600      “ 18 Sold goods to Krishna 30,000      “ 20 Received cash from Krishan 24,000      “ 20 Krishna returned damaged goods 1,600     “ 26 Paid to Govind 14,400      “ 31 Paid salaries 3,000      “ 31 Paid rent 1,000

Principles of Accounting Volume 1
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Author:OpenStax
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Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 3PB: Hajun Company started its business on May 1, 2019. The following transactions occurred during the...
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Enter the following transactions in journal, and post them into the ledger.

 2018 

Mar. 1 Rohan commenced his business with the following assets. 

            Plant and Machinery 1,00,000 

            Stock 36,000 

            Furniture 26,000 

            Cash 2,500 

 His transactions for the month were

      “ 2 Sold goods to Sanjay 16,000

      “ 3 Bought goods from Murari 26,000 

      “ 4 Sanjay paid cash 10,000

      “ 6 Returned damaged goods to Murari 720 

    “ 10 Paid Murari on account 11,280

    “ 15 Bought goods from Govind 21,600 

    “ 18 Sold goods to Krishna 30,000 

    “ 20 Received cash from Krishan 24,000 

    “ 20 Krishna returned damaged goods 1,600

    “ 26 Paid to Govind 14,400

     “ 31 Paid salaries 3,000

     “ 31 Paid rent 1,000

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