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Journal and Ledger Posting Guide by Himanshu Raj is a document available to read on EtoBox.

1) Anju contributed capital of Rs. 50,000 and Manju contributed capital of Rs. 70,000 on June 1, 2004. 2) On July 1, 2004, Ajay contributed capital of Rs. 90,000 in cash and Rs. 20,000 in furniture, while Vijay contributed Rs. 50,000 in cash and Rs. 70,000 in stock. 3) On July 13, 2003, Rs. 24,700 in cash was received from Shanthi in full settlement of her account of Rs. 25,000. Jamuna who owed Rs. 10,000 was declared insolvent and only 25% of the amount was received on July 15, 2003.

Author

Himanshu Raj

Language

EN