Step by step text solution for Journalise the following transaction in the Books of the M/s Bhanu Traders and Post them into the Ledger. 1. Started business with cash 92,000 2. Deposited into bank 60,000 4. Bought goods on credit from Himani 40,000 6. Purchased goods from cash 20,000 8. Returned goods to Himani 4,000 10. Sold goods for cash 20,000 14. Cheque given to Himani 36,000 17. Goods sold to M/s Goyal Traders. 3,50,000 19. Drew cash from bank for personal use 2,000 21. Goyal traders returned goods 3,500 22. Cash deposited into bank 20,000 26. Cheque received from Goyal Traders 31,500 28. Goods given as charity 2,000 29. Rent paid 3,000 30. Salary paid 7,000 31. Office machine purchased for cash 3,000 by ACCOUNTS experts to help you in doubts & scoring excellent marks in Class 11 exams.