Journal Senti

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Mr. Zahir started a mobile service company under the name M/S Zahir and Brothers.

Following are the


transactions of the business during a particular period.

a) Investment tk. 1,00,000 as Capital

b) Rented a space on account for a monthly rent of tk. 4,000

c) Goods purchase in cash tk. 20,000

d) Goods sold amounting to tk. 40,000 on account

e) Goods sold in cash tk. 35,000

f) Goods returned to supplier tk. 5,000

g) Goods returned by customers tk. 6,000

h) Purchase of a furniture amounting to tk. 10,000 paying cash

i) Purchase of a machinery amounting to tk. 15,000 paying cash

j) Paid salaries expenses amounting to tk. 15,000

k) Paid Rent expenses amounting to tk. 12,000

l) Tk. 10,000 deposited into the pubali Bank to open a savings account

m) cash withdrawn by owner tk. 2,500

n) Goods withdrawn by owner tk. 2,400

o) Bank credited interest amounting to tk. 750

p) A check amounting to tk. 5,000 was issued to suppliers

q) Cash received amounting to tk. 26,000 against accounts receivable

r) Paid to Al-Amin advertising firm amounting to tk. 13,000 for advertising expenses

Required: Give the necessary Journal Entries


M/S Zahir and Brothers

Journal entries

Date Particulars Ref Debit Taka Credit Taka

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