Question

Case Study 2
On March 1st 2020, the position of Tejas Bros was as follows:
Assets :Cash- ₹ 15,000, Bank Balance - ₹ 5,000, Stock- ₹ 40,000 ;Furniture- ₹
4000, Tanya - ₹ 6,000, Lena - ₹ 8,000, Manasa - 10,000
Liabilities : Bank Loan - ₹ 10,000, Koushik - ₹5,000 , Erwin - ₹7,500
On March 2nd ,Goods were bought from Gagan for ₹20,000 at a trade
discount at a trade discount of 10% and cash discount of 2%.
On March 4th Goods were sold to Tanya for ₹ 9000 and the next day Tejas
received ₹ 14800 in full and final settlement on her account.
On March 6th
, ₹10,000 was deposited into bank .
A cheque from Lena was received in full and final settlement and was
deposited into bank on March 8th.
On March 10th Manasa gave cash ₹ 4000. A cheque payment was made to
Koushik on March 13th.
On March 15th Tejas withdrew ₹ 4000 from bank for his own use.
On March 20th , 40p in a rupee was received from Manasa’s office as she had
become insolvent.
Tejus paid ₹ 2000 as wages on March 24th.
Goods worth ₹ 5000 was given away as charity on March 28th and a
commission was received on March 31st
.
You are required to journalise the transactions, post them to ledger and
prepare a Trial Balance.

Answer 1

Answer:

8000.

Explanation:

PLEASE BRAINLIEST MY ANSWER.

I ONLY NEED 1 BRAINLIEST ANSWER.

Answer 2

Answer:

JKWBLSFIL

Explanation:

On March 1st 2020, the position of Tejas Bros was as follows:

Assets :Cash- ₹ 15,000, Bank Balance - ₹ 5,000, Stock- ₹ 40,000 ;Furniture- ₹

4000, Tanya - ₹ 6,000, Lena - ₹ 8,000, Manasa - 10,000

Liabilities : Bank Loan - ₹ 10,000, Koushik - ₹5,000 , Erwin - ₹7,500

On March 2nd ,Goods were bought from Gagan for ₹20,000 at a trade

discount at a trade discount of 10% and cash discount of 2%.

On March 4th Goods were sold to Tanya for ₹ 9000 and the next day Tejas

received ₹ 14800 in full and final settlement on her account.

On March 6th

, ₹10,000 was deposited into bank .

A cheque from Lena was received in full and final settlement and was

deposited into bank on March 8th.

On March 10th Manasa gave cash ₹ 4000. A cheque payment was made to

Koushik on March 13th.

On March 15th Tejas withdrew ₹ 4000 from bank for his own use.

On March 20th , 40p in a rupee was received from Manasa’s office as she had

become insolvent.

Tejus paid ₹ 2000 as wages on March 24th.

Goods worth ₹ 5000 was given away as charity on March 28th and a

commission was received on March 31st

.

You are required to journalise the transactions, post them to ledger and

prepare a Trial Balance.