Question
Is it possible to pass a single journal entry for two or more transactions?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
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2019
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Particular
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₹
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Jan-1
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Bought furniture from Modern Furniture for cash vide Cash Memo No. 241*
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7,500
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Jan-8
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Paid cash to Mani & Sons for purchase of 2 machines vide Cash Memo No. 1230*
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5,000
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Jan-20
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Paid for conveyance
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150
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Jan-27
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Sold old typewriter for cash vide cash receipt No. 314*
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500
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| S.no | ₹ | |
| (i) | Sunil started business with cash | 1,50,000 |
| (ii) | Opened a Bank Account by depositing ₹ 25,000 out of cash | |
| (iii) | He sold his personal car for ₹ 50,000 and deposited the amount in the firm's Bank Account | |
| (iv) | He purchased a building and furniture for | 1,00,000 |
| (v) | He purchased goods from Ram on credit | 50,000 |
| (vi) | He paid cartage | 500 |
| (vii) | He sold to Shyam on credit goods costing ₹ 6,000 for | 9,000 |
| (viii) | Received rent from tenants | 1,000 |
| (ix) | Received security deposit from tenants | 1,500 |
| (x) | Purchased stationery for cash | 100 |
| (xi) | Invested in shares (personal) | 50,000 |
| (xii) | Received interest in cash | 200 |
| (xiii) | Introduced fresh capital | 25,000 |
| (xiv) | Goods destroyed by fire | 500 |