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Journalize the following transaction in the Book of M/s BK traders for the month of...

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Accounting

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Journalize the following transaction in the Book of M/s BK traders for the month of Dec. 2019: RO 1. Started business with cash 200,000 2. Bought office furniture 30,000 3. Paid into bank to open a current account with Bank Sohar 100,000 5. Purchased a computer and paid by cheque 25,000 6. Bought goods on credit from Rashid 60,000 8. Cash sales 30,000 9. Sold goods to Karim on credit 25,000 14. Goods returned to Rashid 2,000 15. Supplies purchased for cash 3,000 16. Paid wages 1,000 18. Goods returned by Karim 2,000 20. Cheque given to Rashid 28,000 22. Cash received from Karim on account 15,000 24. Insurance premium paid for a year by cheque 4,000 26. Cheque received from Karim 8,000 28. Rent paid for the month by cheque 3,000 29. Purchased goods on credit from Malik Traders 20,000 30. Cash sales 14,000

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