Question

3. On 1st January, 2017, the following were the balance of Ganguly & Sons :
Cash in hand 1,800 ; Cash at bank * 16,000 ; Sidhu (Cr.) 2,500 ; Sastri (Dr.) 2,000 ; Stock 10,000;
Deep (Cr.) 6,000; Rabin (Dr.) 4,000 ; Soran (Cr.) *2,500.
Transactions during the month were :
2017
Jan. 2 Bought goods from Deep 3,500.
4 Sold to Rabin 4,000.
6 Sold to Sovan goods for cash 4,500.
8 Took goods for personal use 500.
12 Received from Rabin in full settlement 3,900.
Paid to Sidhu in full settlement 2,400.
18 Paid cash for stationery *225.
Journalise the above transactions.​

Answer 1

Explanation:

On 1st January, 2017, the following were the balance of Ganguly & Sons :

Cash in hand 1,800 ; Cash at bank 16,000 ; Sidhu (Cr.) 2,500 ; Sastri (Dr.) 2,000 ; Stock 10,000;

Deep (Cr.) 6,000; Rabin (Dr.) 4,000 ; Soran (Cr.) 2,500.

Transactions during the month were :

2017

Jan. 2 Bought goods from Deep 3,500.

4 Sold to Rabin 4,000.

6 Sold to Sovan goods for cash 4,500.

8 Took goods for personal use 500.

12 Received from Rabin in full settlement 3,900.

Paid to Sidhu in full settlement 2,400.

18 Paid cash for stationery 225.

Journalise the above transactions.

Hope it help:)☆☆☆☆☆

have a motivation on learning♡

Answer 2

Explanation:

please give answer this question