1. Prepare the journal by recording the following transactions (10 Marks)
| 3-Dec | Mrs. Veena started business by introducing cash Rs5000 and Rs 500000 as transfer from her saving bank account in the business |
| 5-Dec | She Purchased furniture worth Rs 60000, 50% payment made through the bank account of the business and the rest amount is payable |
| 7-Dec | She purchased goods for sale, costing her Rs 315000 and made the payment through the business bank account |
| 8-Dec | She sold off the entire goods at Rs 500000 |
| 10-Dec | She paid rent, electricity, salary to employees Rs10000 of each type of expense through the bank account |