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Pass the necessary journal entries in the books of sameer ltd co. for the month...

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Accounting

Pass the necessary journal entries in the books of sameer ltd co. for the month August 2015.1 Business commenced by 80000/- , Bank loan 45000/- and stock of 15000/-.4 Goods sold to pramod of 25000/- on 10% Trade discount.7 Goods Purchased from ashok of 20000/- by cash.10 Cash deposited to the bank 35000/- 14 Cheque received from pramod and deposited to Bank. 19 Goods 4500/- and cash 2500/- withdrawal for personal use.22 Purchase an horse for business of 55000/-26 salary 16500/- and Rent 4500/- paid29 Commission Received 1200/-31 Interest on loan charged @4%PA.

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