Question

32.On 1stApril , 2020 , the following were ledger balances of M/s Sohan& Co. , Delhi :

Cash in Hand ₹ 300 ; Cash at Bank ₹ 7,000 ; Bills Payable ₹ 1,000 ; Zahir(Dr.) ₹ 800 ;

Stock ₹ 4,000 ; Gobind (Cr.) ₹ 2,000 ; Sharma (Dr.) ₹ 1,500 ; Rahul (Cr.) ₹ 900 ; Capital ₹

9,700 .

Transactions during the month of April, 2020 were : (8)

Date

2020

Transactions ₹

April 02 Bought goods from Gobind , Delhi 900

April 03 Sold goods to Sharma , Kanpur 1,000

April 05 Bought goods from Rahul , Delhi 1,200

April 08 Sold goods to Zahir , Kolkata 500

April 15 Paid Gobind by cheque on account 1,500

April 18 Received from Sharma a cheque of

Allowed him discount

2,000

50

April 20 Sold goods to Sharma , Kanpur 800

April 20 Paid rent by cheque 200

April 25 Sold goods to Zahir , Kolkata 1,000

April 30 Paid salaries in cash 300

Post the above transactions to the ledger and prepare the Trial Balance as on 30thApril , 2020​

Answer 1

Answer:

April 18 journal entry

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