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Rolly Polly was carrying on business as a cloth dealer. His transactions during April, 2011 were as
follows:
2011
Rs.
Apr. 1 Sold cloth on credit to Gifloo
5,000
2 Purchased cloth from Amboo on credit
20,000
3 Paid rent for April by cheque
3,000
4 Cash purchased of cloth (paid by cheque)
8,000
Cash sales
4,500
18 Cash sales
3,000
Paid for advertising
3,500
22 Cash purchases
9,000
24 Purchased filling cabinet and paid by cheque
5,000
27 Purchased Government securities
30,000
Paid wages for the month
8,000
Journalise the transactions and prepare ledger account.
Answers
Answer:
Rs.
Apr. 1 Sold cloth on credit to Gifloo
5,000
2 Purchased cloth from Amboo on credit
20,000
3 Paid rent for April by cheque
3,000
4 Cash purchased of cloth (paid by cheque)
8,000
Cash sales
4,500
18 Cash sales
3,000
Paid for advertising
3,500
22 Cash purchases
9,000
24 Purchased filling cabinet and paid by cheque
5,000Rs.
Apr. 1 Sold cloth on credit to Gifloo
5,000
2 Purchased cloth from Amboo on credit
20,000
3 Paid rent for April by cheque
3,000
4 Cash purchased of cloth (paid by cheque)
8,000
Cash sales
4,500
18 Cash sales
3,000
Paid for advertising
3,500
22 Cash purchases
9,000
24 Purchased filling cabinet and paid by cheque
5,000
27 Purchased Government securities
30,000
Paid wages for the month
8,000
Journalise the transactions and prepare ledger account.
27 Purchased Government securities
30,000
Paid wages for the month
8,000
Journalise the transactions and prepare ledger account.
Explanation:
i need a ledger of this question