Question

2018 Rs.
Apr-01 Assets : Premises Rs2,00,000;DeliveryVan Rs50,000; Stock Rs75,000;Debtors; Hariharan Rs30,000 Rajhans Rs 50,000; Cash in Bank Rs 45,000Cash in handRs30,000
Liabilities: Creditors: Jawahar Rs1,00,000; Vikas Rs45,000; Telephone Expenses Payable Rs4,000 Output CGST Rs240; Output SGST Rs240;Electricity Expenses Payable Rs4,520;salaries payable Rs7,000.
Apr-01 Paid rent by cheque 5,000
Apr-02 Goods purchased on Credit to Prabhat, Delhi Rs15,000;Rajan, Delhi Rs 8,000; Passi, Delhi Rs7,000
Apr-03 Goods sold on Credit to Rakesh, Gurugram Rs17,000; Devender, Delhi Rs 25,000;
Paid Telephone Bills, CGST and SGST by cheque
Apr-04 Paid the Bill of petrol expenses for delivery van* 5,700
Apr-05 Cash drawings by Rajesh Prabhu* 4,000
Apr-07 Paid salaries for the month of March,2018* 8,000
Apr-09 Cash sales 5,000
Apr-11 Goods returned by Rakesh Rs5,000; Devender RS 1,000
Apr-12 Received cheques from debtors: Hariharan Rs20,000; RaihansRs40,000*
Apr-16 Goods returned to Prabhat Rs 4,000; Rajan Rs 1,000
Apr-20 Cheques issued to creditors: Jawahar Rs50,000; Vikas Rs 10,000*
Apr-22 Received cheque from Hariharan Rs10,000; Rajhans Rs 10,000; Rakesh Rs 10,000; Devender Rs5,000;chques received from Rakesh and Devender are dated 25th May,2018* `
Apr-24 Cheques from Rakesh and devender were discounted form bank paying interest@10%*
Apr-25 Received cash from Devender in full settlement* 21,000
Inter-State transactions are subject to levy of IGST@12% and Intra-state transactions are subject to levy of CGST and SGST @6% each. GST is not levied on transactions marked with (*)
Prepare Trading Account and Profit and Loss Account - Soon please

Answer 1

Answer:

mark as brainlist plz,.........

Explanation:

çn Rs 1,000

Apr-20 Cheques issued to creditors: Jawahar Rs50,000; Vikas Rs 10,000*