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Pass journal entries of M/s Rao & Co for the period Jan 2004 and open...

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Accounting

Pass journal entries of M/s Rao & Co for the period Jan 2004 and open necessary ledger accounts.

January 1

January 2

January 3

January 4

January 5

January 7

January 8

January 9

January 10

January 11

January 13

January 15

January 17

January 20

January 22

January 25

January 26

January 27

January 29

January 31

Rao commenced business with 5,000

Bought goods for cash 2,500

Bought office furniture for cash 500

Paid for postage 10

Purchased goods from Rajkumar 2,000

Sold goods for cash 150

Bought goods from Rahim 400

Sold goods to Suresh 400

Sold goods to Nayak 300

Purchased goods for cash 350

Received cash from Nayak 25

Paid cash to Rahim 400

Returned goods to Rajkumar 200

Suresh returned goods 50

Paid salaries 150

Sold goods for cash 500

Rao withdrew for personal use 800

Paid for stationery 100

Paid rent 225

Received commission 50

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