Welcome back to Learn At Ur Desk! We are doing Textbook Solution Series for TS Intermediate 1st year Accountancy. We have started solving Chapter 2 Recording of Business Transactions Problems and in my Last Post I have posted the solution for Problem #7 and today we are going to solve Problem #8.
Textbook Solution Series (TBS Series)
for Telangana State Board of Intermediate Education (TSBIE) First Year
Accountancy.
Chapter 2: Recording of Business
Transactions
Here, you
can only find Problem and its solution there will be no explanation for it
because I have already posted a detail lesson explaining it in quiet simple
words. If you don’t know how to record journal entry then click here to learn 👉How to Record Business Transactions into Journal
Ok
Let's get back to TBS series!
Page #64 problem #8.
Write journal entries in the books of
Sudha.
2019 April 01 |
Started business
with capital of |
90,000. |
01 |
Purchased goods from Tharun on credit. |
20,000 |
02 |
Sold goods to Sonu |
30,000 |
03 |
Purchased goods from Ragav for cash. |
25,000 |
04 |
Sold goods to Toni for cash. |
16,000 |
05 |
Goods returned to Tharun |
5000 |
06 |
Bought furniture for cash. |
15,000 |
18 |
Sold goods to Sudip. |
12,500 |
19 |
Goods returned
by Sudip. |
2000 |
25 |
Cash received from Sudip. |
5500 |
28 |
Goods taken by Sudha for domestic use. |
3000 |
Ok that's
it in this problem!
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Click herefor Problem #7 solution
Click herefor Problem #9 solution
If you are
TS Intermediate 2nd Year student then go to TSBIE Accountancy II Depreciation problem #1 solved!
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