Mr. Mukesh Rana carries on ready made garments business. A few transactions are given below. Identify the transactions to be recorded in the books of his business. a) Purchased a typewriter for Rs. 6,000 for ofice use. b) Sold old domestic furniture for Rs. 500. c) Purchased cloth for garments for Rs. 10,000. d) A shirt worth Rs. 250 is taken home for his son. e) Appointed Satish as an assistant in the shop.

Based on the information given, the following transactions should be recorded in the books of Mr. Mukesh Rana’s ready made garments business:

a) Purchased a typewriter for Rs. 6,000 for office use:
Debit: Office Equipment A/C – Rs. 6,000
Credit: Cash/Bank A/C – Rs. 6,000

b) Sold old domestic furniture for Rs. 500:
Debit: Cash/Bank A/C – Rs. 500
Credit: Sale of Furniture A/C – Rs. 500

c) Purchased cloth for garments for Rs. 10,000:
Debit: Purchases A/C – Rs. 10,000
Credit: Cash/Bank A/C – Rs. 10,000

d) A shirt worth Rs. 250 is taken home for his son:
No transaction needs to be recorded in the books as it is a personal transaction.

e) Appointed Satish as an assistant in the shop:
No transaction needs to be recorded in the books as it is related to the appointment of an employee. However, the payment of salary to the employee should be recorded in the books as and when due.