Question

Enter the following transactions in various subsidiary books and post them into
Ledger and prepare a Trial Balance.
2017 june
Cash in hand, ? 15,700, Cash at Bank * 25,400 and Capital Account R 41,100.
Bought goods for cash for & 4,100.
Purchased goods from Meera & Co. for 7 5,800 less 10% trade discount.
Sold goods to Bedi & Co. for * 8,900 less 20% trade discount
Withdrew ? 500 from bank for private use.
Sold goods to Amjadkhan for ? 6,400.
5,000 paid to Meera & Co. in full settlement of their account.
Goods worth * 400 returned by Amjadkhan.
Received & 4,000 from Amjadkhan.
Purchased goods from Shiv Dayal & Co. for ? 8,700.
& 6,000 paid to Shiv Dayal & Co. by cheque ; discount allowed ? 300.
Purchased furniture for ? 800 from Manjeet Furniture House on credit.
Paid into bank & 2,200.
Amjadkhan declared insolvent ; a first and final dividend of 50 paise in a rupee is received from him.
Goods worth & 600 returned to Shiv Dayal & Co.
Interest on capital provided ? 411.
Goods worth ? 400 taken by the proprietor for his personal use.
Paid & 500 for advertisement by cheque.
Paid salaries to staff * 1,800.
Cash sales 25800.
Paid into bank ? 20,000.
Bought 100 shares in Hind Mill Ltd, at ? 11 per share brokerage paid 25?
Received * 5,900 from Bedi & Co., discount allowed & 100.​

Answer 1

Answer:

Just mention what chapter kid

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