Pass the necessary journal entries in Journal of Google Ltd. for the month of October, 2019 from the information given below: Date | Transaction October 1 Started business with deposit in bank Rs. 1,500,000 October 5 |Withdrawn cash from bank Rs.28,000 October 9 Sold goods to Rehman and Sons on credit Rs. 35,000 October 15 Bought furniture for office use and paid cash Rs. 10,000 |October 18 Services rendered to clients for Rs. 19,000 on credit. | October 26 Purchase goods on credit from Salman Brothers Rs. 43,000 |October 28 Paid salaries of Rs. 3,000. October 31 Acquired loan from HBL by cheque Rs. 49,000

Pass the necessary journal entries in Journal of Google Ltd. for the month of October, 2019 from the information given below: Date | Transaction October 1 Started business with deposit in bank Rs. 1,500,000 October 5 |Withdrawn cash from bank Rs.28,000 October 9 Sold goods to Rehman and Sons on credit Rs. 35,000 October 15 Bought furniture for office use and paid cash Rs. 10,000 |October 18 Services rendered to clients for Rs. 19,000 on credit. | October 26 Purchase goods on credit from Salman Brothers Rs. 43,000 |October 28 Paid salaries of Rs. 3,000. October 31 Acquired loan from HBL by cheque Rs. 49,000

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 5PA: Inner Resources Company started its business on April 1, 2019. The following transactions occurred...

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