About this document

Journal Entries for Gopal and Madan by Jumayma Maryam is a document available to read on EtoBox.

1) Madan started business on January 1, 2021 with a cash capital of Rs. 100,000. 2) Throughout the month, Madan had various business transactions including purchasing and selling goods for cash, selling goods to a customer on credit, purchasing goods from a supplier on credit and returning some goods. 3) Madan also paid various expenses like electricity bill, telephone bill, rent and wages during the month. All transactions were recorded in the books of accounts through journal entries.

Author

Jumayma Maryam

Language

EN