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Question 1: Enter the following transactions in the Cash Book of Mr. Jamil.
| 2007 | Transactions | Rs. |
| Jan. 1 | Mr. Jamil stared business with cash | 1000,000 |
| Jan. 3 | Bought goods for cash | 70,000 |
| Jan. 5 | Paid for stationary | 1,000 |
| Jan. 7 | Sold goods for cash | 40,000 |
| Jan. 10 | Paid for trade expenses | 1,000 |
| Jan. 11 | Sold goods for cash | 10,000 |
| Jan. 14 | Received cash from Mr. Asif | 5,000 |
| Jan. 15 | Paid cash to Mr. Qadir | 10,000 |
| Jan. 18 | Withdrew cash for personal use | 3,000 |
| Jan. 22 | Bought goods for cash | 20,000 |
| Jan. 25 | Sold goods for cash | 45,000 |
| Jan. 22 | Paid for electricity bill | 2,000 |
| Jan. 31 | Paid salary | 5,000 |
| Jan. 31 | Paid rent | 1,500 |
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