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The following balances of ledger of M/s Marble Traders on April 01, 2017 (5 MARKS)
Rs
Cash in hand
6,000
Cash at bank
12,000
Bills receivable
7,000
Ramesh (Cr.)
3,000
Stock (Goods)
5,400
Bills payable
2,000
Rahul (Dr.)
9,700
Himanshu (Dr.)
10,000
Transactions during the month were:
April
01
Goods sold to Manish
02
Purchased goods from Ramesh
8,000
03
Received cash from Rahul in full settlement
9,200
05
Cash received from Himanshu on account
4,000
06
paid to Remesh by cheque
08
Rent paid by cheque
1,200
10
Cash received from manish
12
Cash sales
14
Goods returned to Ramesh
1,000
15
Cash paid to Ramesh in full settlement
3,700
Discount received
300
18
Goods sold to Kushal
20
Paid trade expenses
200
21
Drew for personal use
22
Goods return from Kushal
24
Cash received from Kushal
26
Paid for stationery
100
27
Postage charges
60
28
Salary Paid
2,500
29
Goods purchased from Sheetal Traders
30
Sold goods to Kirit
Goods purchased from Handa Traders
5,000
Journalise the above transactions and post them to the ledger.
By: santosh ProfileResourcesReport error
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