journal entry. All figures are in thousands (10)
On January 2, 2020, the owner invested cash of Rs 800 in the company.
On January 2, 2020, the company borrowed Rs200 from a bank.
On January 3, 2020, the company acquired store equipment for cash R$30.
On January 4, 2020, the company acquired inventory for cash Rs240.
On January 5, 2020, the company acquired inventory on credit Rs20.
On January 6, 2020, the company acquired inventory for cash R$20 and the remaining balance of Rs40 in 30 days
On January 7, 2020, the company sold store equipment for cash Rs2.
On January 8, 2020, the company returned inventory to supplier for full credit, Rs1.6 (further to transaction 6)
On January 10, 2020, the company paid cash to suppliers Rs8.
On January 12, 2020, the company sold inventory on credit, Rs320. 106. Cost of inventory sold was Rs200.
