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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 #8 and today we are going to solve Problem #9.
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 and How to Post Business Transactions into Ledger? as well.
Ok
Let's get back to TBS series!
Page #65 problem #9.
Journalise the following transactions of Mr
Prahlad. And post them in the Ledger and balance the same.
|
2019 Feb 01 |
Prahlad invested
₹50,000 cash in the business. |
|
|
03 |
Paid into bank. |
6000 |
|
05 |
Purchased
furniture for. |
2000 |
|
07 |
Purchased goods for. |
5000 |
|
10 |
Sold good for |
10,000 |
|
15 |
Withdrew cash
from bank |
2000 |
|
25 |
Paid Interest |
800 |
|
30 |
Paid Salary |
8000 |
Ok that's
it in this problem!
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Click herefor Problem #8 solution
Click herefor Problem #10 solution
If you are
TS Intermediate 2nd Year student then go to TSBIE Accountancy II Depreciation problem #1 solved!
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