Question

18. Prepare Goods Account and Cash Account from the following-
2017
January
-1 Stock in hand < 20.000. Cash in hand
January 5 Bought goods from Madhu
January 6 Sold goods to Surendra
January 7 Sold goods for cash
January 8 Bought goods for cash
January 10 Withdrew cash for personal use
January 12 Withdrew goods for personal use
January 18 Paid office expenses
January 20 Goods stolen
January 25 Goods donated
January 30 Paid salary
(Ans. Goods alc (Dr.) * 25,150; Cash a/c (Dr.) 2 17,000)
26,000
3,600
1,400
2,000
6,000
400
800
600
50
200
4,000​

Answer 1

Answer:

Prepare Goods Account and Cash Account from the following-

2017

January

-1 Stock in hand < 20.000. Cash in hand

January 5 Bought goods from Madhu

January 6 Sold goods to Surendra

January 7 Sold goods for cash

January 8 Bought goods for cash

January 10 Withdrew cash for personal use

January 12 Withdrew goods for personal use

January 18 Paid office expenses

January 20 Goods stolen

January 25 Goods donated

January 30 Paid salary

(Ans. Goods alc (Dr.) * 25,150; Cash a/c (Dr.) 2 17,000)

26,000

3,600

1,400

2,000

6,000

400

800

600

50

200

4,000