Problem 2:-
1.Mr.Rakesh started a new business 5,00,000/-
2.cash deposited in to SBI 1,00,000/-
3.cash deposited in to andhra bank 2,00,000/-
4.Rent Paid paid – 1000/-
5.Purchases as fallow’s:-
a. Rice 25 Bags each one 1050/-
b. Oil 20 Cans each one 2600/-
c. Sugar 35 Bags each one 2350/-
d. Lux Soaps 50 Pisces each one 40/-
6. Cash withdraw from SBI 17,000/-
7. Cash Transfer to Andhra Bank to SBI 35,000/-
8. Sales as fallows through Andhra Bank:-
a. Rice 15 Bags each one 1500/-
b. Oil 14 Cans each one 3200/-
c. Lux Soaps 30 Pisces each one 55/–
d. Sugar 25 Bags each one 3100/-
9. SBI Cheque Issued to Kumar 10,000/- (Cheque No:170589)
10. Sales as fallows:-
a. Rice 10 Bags each one 1250/-
b. Oil 5 Cans each one 2900/-
c. Sugar 7 Bags each one 2700/-
d. Lux Soaps 20 Pisces each one 47/-
11.Cash Transfer to SBI to Andhra Bank 13,000/-
12.Cash Received from Kumar through SBI 10,000/-
