Ram started his business with cash Deposited into bank Purchased goods on credit from Mr. Y Return goods to Mr. Y Sold goods for cash to Mr. A Mr. B returned goods Drew from bank for personal use Paid salaries to staff Issued a cheque for Rs.3,000 / - in favour of Shri Devi a landlady towards rent for a month Withdrew goods for private use.
Ram started his business with cash Deposited into bank Purchased goods on credit from Mr. Y Return goods to Mr. Y Sold goods for cash to Mr. A Mr. B returned goods Drew from bank for personal use Paid salaries to staff Issued a cheque for Rs.3,000 / - in favour of Shri Devi a landlady towards rent for a month Withdrew goods for private use.
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Ram started his business with cash Deposited into bank Purchased goods on credit from Mr. Y Return goods to Mr. Y Sold goods for cash to Mr. A Mr. B returned goods Drew from bank for personal use Paid salaries to staff Issued a cheque for Rs.3,000 / - in favour of Shri Devi a landlady towards rent for a month Withdrew goods for private use.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd
Assignment
Journalise the following transactions, prepare Ledger and
Trial Balance
MONTH | DATE TRANSACTION AMOUNT
(Rs.)
April 2,2010 | Ram started his business with cash 70,000
3 Deposited into bank 50,000
4 Purchase good for cash from Mr. X 5,000
5 Bought goods on credit from Mr. Y 6,000
6 Return goods to Mr. Y 1,000
10 Sold goods for cash to Mr. A 6,000
15 Sold goods to Mr. B 6,000
16 Mr. B returned goods 1,000
17 Drew from bank for personal use 5,000
25 Paid to Mr. Y in full settlement by cheque 4,800Assignment
Journalise the following transactions, prepare Ledger and
Trial Balance
MONTH | DATE TRANSACTION AMOUNT
(Rs.)
April 26 Received a cheque from Mr. B in full 4,900
settlement
27 Drew cash from bank for office use 10,000
30 Drew cash for personal purposes 5,000
Paid salaries to staff 5,000
Issued a cheque for Rs.3,000/- in favour of 5,000
Shri Devi a landlady towards rent for
April
Withdrew goods for private use 1,000