50,000
April
Commenced business with cash
1
20,000
2
Purchased goods from Subhash
15.000
4
Sold goods to Ramnath
1.000
Ramnath returned defective goods
13,800
200
10
Received cash from Ramnath and
Discount allowed
10,000
12
Gopal sold goods to us
14
Paid to Gopal in full settlement of his account after 5% discount.
10,000
IS
Paid Rent
5,000
16
Paid Rent of Hari Shankar's residence
18
Purchased goods for cash from Govind for 6,000 at 20% trade discount.
20
Purchased goods from Govind for 10,000 at 20% trade discount.
24
Paid to Govind 7,850 in full settlement of his account.
25
Paid to Subhash 4,750; discount received 250.
30
Paid Wages 400; Salaries 4,000; Advertisement expenses 800 and Trade expenses
31,000.
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