Question

150
25,000
18,000
1,500
2,000
20 Sold goods for cash
24 Sold goods for cash to Sudhir Ltd.
25 Paid for Rent
26 Received for Commission
28 Withdrew by Proprietor for his personal use
28 Purchased a fan for Proprietor's house
[Ans. Total of Trial Balance 1,75,050.
Dr. Balances :
5,000
1,200
Cash 64,750; Purchases 88,000; Machinery 4,000;
Mahesh Chand & Co. 310,400; Discount Allowed 7200;
Rent 1,500 and Drawings 6,200.
Cr. Balances : Capital 80,000; Dilip 315,000; Purchases Returns 74,000;
Q. 2. On 1st April 2015 the position of Mr. Desai was as follows:
Machinery 31,45,000; Sundry Creditors 180,200; Bank (Cr.) 32,200 and Bills
Payable 5,000.
Pass the necessary opening entry and post the same in the ledger.
[Ans. Capital 5,20,000.]
in the
& S
Discount Received 650; Sales 73,400 and Commission 2,000.]
Cash 22,400; Sundry Debtors 1,20,000; Stock *1,50,000; Building 2,00,000;​

Answer 1

Answer:

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