Journalise the following transactions in the books or Mr. Tahir for the month of February 2021 . Feb 2 Mr. Tahir commenced business with Rs . 50,000 cash Car valued Rs . 2,40,000 furniture 100,000 and stock worth Rs . 30,000 . 4 Purchased goods on account from Ali Rs . 28,000 6 Paid Rs . 1500 as travelling expenses to salesman 8 Withdrew from bank for personal use Rs.3000 10 Goods returned by Ali Rs . 2000 13 Withdrew from bank for office use 4000 15 Issued a cheque to ali 23000 in full settlement of his account 17 Bank charges made by bank Rs . 500 25 Bought goods Rs . 50,000 from Ali and supplied them to Raza at Rs . 60,000 28 Raza returned goods worth Rs . 10,000 which in turn was sent to Ali . od 20 Required : Journalise the above transactions and post them into Ledger

College Accounting, Chapters 1-27
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ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter3: The Double-entry Framework
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Journalise the following transactions in the books or Mr. Tahir for the month of February 2021 .
Feb 2 Mr. Tahir commenced business with Rs . 50,000 cash Car valued Rs . 2,40,000 furniture 100,000 and stock worth Rs . 30,000 .
4 Purchased goods on account from Ali Rs . 28,000
6 Paid Rs . 1500 as travelling expenses to salesman
8 Withdrew from bank for personal use Rs.3000
10 Goods returned by Ali Rs . 2000 13 Withdrew from bank for office use 4000
15 Issued a cheque to ali 23000 in full settlement of his account 17 Bank charges made by bank Rs . 500
25 Bought goods Rs . 50,000 from Ali and supplied them to Raza at Rs . 60,000
28 Raza returned goods worth Rs . 10,000 which in turn was sent to Ali . od 20 Required :
Journalise the above transactions and post them into Ledger

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