Question

For the transactions given below, prepare the Journal, Ledger and Trial Balance for M/s Raj
Kumar Industries. [5]
2019, October 1: M/s Raj Kumar Industries started business with ` 92000/-
5: Purchased goods from Ratan ` 17000/-
7: Raj group purchased goods from M/s Raj Kumar Industries ` 7000/-
11: Purchased goods ` 3500/- and discount received 5%
15: Goods returned to Ratan ` 1500/-
19: Salary paid by cheque ` 7000/-
25: Paid ` 3325/- by IMPS.
29: Charity ` 800/-.

Answer 1

Answer:

purchase a/c dr. to ratan