Question

0.2
OR
Open the following ledger A/cs for which balances as on 1" April, 2014 are
Debit Balances
Credit Balances
Rajesh's A/c - Rs. 12000
Bank A/c - Rs. 5000
Furniture A/c - Rs. 3000
(10)
April '14
2 Purchased goods from Rajesh worth Rs. 12000 at 10% TD and 5% CD.
4 Sold goods to Rajneesh worth Rs. 6000.
6 Purchased IDBI bonds for Rs. 3000.
8 Paid to Rajesh half the amount for the goods Purchased on 2nd April without CD.
10 Sold to Rajaram goods worth Rs. 10000 at 10% TD and 5% CD and received 25% of the
amount immediately by cheque.
15 Drew cash from bank Rs. 15000 for office use and Rs. 1000 for personal use.
18 Sold furniture worth Rs. 3000 to Ramratan for Rs. 2500.
20 Settled Rajesh account by paying the necessary amount at 3% CD.​

Answer 1

settled Rajesh sold furniture peanut