Question

1. Anand started business with Cash 60,000
2. cash deposited in the bank 25000
3.sold goods 4.purchases
5 .sold goods to Ramakrishna Trudeos 20,000
6.purchased goods from Rahul #sons 15000
7. purchased machinery paid lay cheque 10,000
prepare trial balance for the above transaction?​

Answer 1

Answer:

1. Rs. -60,000 (Started Business)

2. Rs. -35,000 (Cash deposited)

3. Rs. -10,000 (Sold goods)

4. Rs. 10,000 (Sold goods to Ramakrishna Trudeos)

5. Rs. -5,000 (Purchased good from Rahul & Sons)

6. -15,000 (Purchased machinery)

7. Rs. -15,000 (FINAL/Trial Balance)

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(-) Money remaining to give back