3. Record the following transactions in the Journal of Amitabh:
| 2024 | ₹ | |
|---|---|---|
| May 01 | Amitabh started business with cash | 80,000 |
| May 02 | Purchased furniture from Modern Furnishers for cash | 10,000 |
| May 05 | Deposited in bank | 30,000 |
| May 06 | Purchased goods for cash | 5,000 |
| May 08 | Purchased goods on credit from Hari | 4,500 |
| May 10 | Purchased goods from Suresh for cash | 3,000 |
| May 12 | Purchased goods from Ajay | 4,000 |
| May 14 | Sold goods for cash | 7,000 |
| May 15 | Sold goods to Karim | 6,500 |
| May 16 | Sold goods to Ganesh for cash | 5,000 |
| May 19 | Withdrew from bank for office use | 5,000 |
| May 20 | Karim paid on account | 5,000 |
| May 29 | Paid rent for residence | 6,000 |
| May 30 | Purchased a cycle for his son | 3,000 |
| May 30 | Paid to Ajay in settlement of his account | 3,800 |
T.S.Grewal/2024 Edition/Practical Problems/Q-03
For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.