Reference no: EM132797837

Question - Journalize the following in a double entry ledger 9. Started business with cash 50000, Goods purchased for cash 30000, Furniture Purchased for cash 5000, Sold goods for cash 10000, Sold goods to Naresh Kumar 8000, Goods purchased from Vinod Kumar 5000, Goods sold to Anil and allowed him 10% trade discount 6000, Cash received from Naresh Kumar in full settlement of his account 7600, Cash paid to Vinod Kumar 1900 and he allowed discount 100, Cash paid for purchase of stationery 250, Paid office rent 800, Goods returned to Vinod Kumar 500, Paid salaries to staff 900.