Question

1. Record the following transactions in the journal, post them into ledger and prepare trial
balance as on 31st March, 2020 in the books of M/s Roshan Lal & Sons with Balances
Method
2020
Mar. 1
Started business with cash
Goods purchased from Sukhdev
Mar 8 Salary for the month of March paid
Mar. 12 Goods sold for cash
Mar. 17 Proprietor withdrew cash for personal use
Mar. 22 Paid for printing charges
Mar. 25 Paid to Sukhdev
Discount availed
Mar 31 Goods sold to Sunil on credit
20,000
3,000
2,500
3,500
1.800
700
1,650
50
1.200
Sales Alc​

Answer 1

Answer:

cash a/c dr 20000

To cap a/c 20000

purchase a/c dr 3000

To sukhdev a/c 3000

cash a/c dr 2500

To sales a/c 2500

drawing a/c dr 3500

To cap a/c 3500

Printing charge a/c dr 1800

To cash a/c 1800

sukhdev a/c dr

discount a/c dr

To cash a/c

sunil a/c dr 1200

To sales a/c 1200