PAST PAPERS XI (C) 290 jamg A CCOUNTING b) He acquired a shop by paying Rs. 36,000 as advance rent for a year. c) Purchased furniture for shop Rs.64,000. d) Purchased merchandise for cash Rs.200,000. e) Sold merchandise for cash Rs, 200,000 . f) Purhased merchandise on Account from Mr. Zaid Rs.150,000. g) Soid merchandise on account to Mi. Obaid Rs.150,000. h) Paid Rs.100,000 to Mr. Zaid. i) Received Rs.120,000 from Mr. Obaid. j) Paid salaries Rs. 10,000 . k) Withdrew cash Rs.15,000 for personal use and also took merchandise for personal use at cost Rs.7,000. REOUIRED Record the above transactions in General Journal of Mr. Maaz in proper form. Q.2: ACCOMNTHNG FUM CASME (25) GIVTV M/S Saad Taders nses three-column. Cash Book in their business.
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