Journalize the following transaction in the books of Nyaupane Trade Concern.
March 1 Nyaupane invested Rs. 200,000 cash in Nyaupane Trade Concern.
March 5 Office furniture purchased for Rs. 30,000 cash.
March 18 Nyaupane trade concern purchased goods for Rs. 35,000.
March 20 Nyaupane trade concern purchased goods on credit for Rs. 24,000.
March 28 Rent paid Rs. 10,000.
March 30 Salary paid to staff Rs. 25,000.
March 30 Goods sold to a customer costing Rs. 12,000 for Rs. 15,000 and received Rs. 5,000 cash and rest on accounts receivable.
March 31 Nyaupane withdraw Rs. 1,000 cash from Nyaupane trade concern.
Required: JOURNAL ENTRIES.
| Date | Account Titles and Explanation | PR | Debit (Rs.) | Credit (Rs.) |
| March 1 | Cash a/c Dr. To capital a/c (For capital contributed by the owner) | 200,000 | 200,000 | |
| March 5 | Furniture a/c Dr. To cash a/c (For office furniture purchased on cash) | 30,000 | 30,000 | |
| March 18 | Purchased a/c Dr. To cash a/c (For goods purchased on cash) | 35,000 | 35,000 | |
| March 20 | Purchased a/c Dr. To accounts payable a/c (For goods purchased on credit) | 24,000 | 24,000 | |
| March 28 | Rent a/c Dr. To cash a/c (For rent paid) | 10,000 | 10,000 | |
| March 30 | Salary a/c Dr. To cash a/c (For salary paid to staff) | 25,000 | 25,000 | |
| March 30 | Cash a/c Dr. Accounts receivable a/c Dr. To sales a/c (For goods sold to a customer costing Rs. 12,000 for Rs. 15,000 and received Rs. 5,000 cash and rest on accounts receivable | 5,000 10,000 | 15,000 | |
| March 31 | Drawings a/c Dr. To cash a/c ( Cash withdrawn by owner for personal use) | 1,000 | 1,000 |
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