Journalize the following transactions of A1 Fresh Super Market for the F.A. 2017-18
Opening Balances as on 1st Apr 2017:
Capital: 15,00,000/-; Cash-in-hand: 1,37,500/-;
Stock-13,62,500/-
Sona Rice 50bags (bag=25kgs)@44/kg
Priya Rice Rich Oil 55tins(tin=100kg)@8000/tin
Gold SunFlower Oil 85tins(tin=100kg)@9500/tin
Lux Soaps 20boxes(box=100pcs)@30/pcs
May 2 Purchased 75 bags Sona Rice from Rama Rice Mills each bag Rs. 1,200/-
Jul 31 Sold 50 bags Sona Rice to Prasad General Stores each bag Rs. 1,400/-
Oct 2 Purchased 1000 Kgs Gold Sunflower Oil from Mehata&co Rs. 80,000/-
Oct 31 Sold 600 Kgs Gold SF Oil to Victory Bazaar Super Market Rs. 60,000/-
Sep 1 Purchased 100 bottles of Lion brand Honey from Sony&co Rs. 20,000/-
Dec 31 Sold 75 bottles of Lion Honey to Praveen Rs. 18,750/-
Feb 1 Cash received from Prasad Gen Stores Rs. 50,000/-
Feb 1 Cash received from Victory Bazaar Rs. 40,000/-
Mar 1 Salaries Rs. 15,000/-
Mar 2 Rent Rs. 20,000/-
Mar 31 Carriage inwards Rs. 2,000/-
Mar 31 Carriage outwards Rs. 1,000/-
Mar 31 Showroom Power Rs. 3,000/-