Question

From the following transactions in the books of Mr. Kamble. Prepare Mr. Shinde's A/c. Balance trial A/c at the end of each month.

2011 Jan.

1 Mr. Shinde's A/c shows Debit balance of 600. 1 Sold goods to Mr. Shinde 500

5 Received Cash from Mr. Shinde 500.

10 Credit sales to Mr. Shinde 2,000.

25 Returned goods from Mr. Shinde 250.

31 Received cash from Mr. Shinde 750.

Feb. 1 Received crossed Cheque from Mr. Shinde 1,100.

15 Credit sales to Mr. Shinde 400.

28 Mr. Shinde settled his A/c by paying cash. Discount allowed to him 200.​

Answer 1

Answer:

From the following transactions in the books of Mr. Kamble. Prepare Mr. Shinde’s A/c. Balance trial A/c at the end of each month.

2011 Jan.1 Mr. Shinde’s A/c shows Debit balance of 600. 1 Sold goods to Mr. Shinde 5005 Received Cash from Mr. Shinde 500.10 Credit sales to Mr. Shinde 2,000.25 Returned goods from Mr. Shinde 250.31 Received cash from Mr. Shinde 750.Feb. 1 Received crossed Cheque from Mr. Shinde 1,100.15 Credit sales to Mr. Shinde 400.28 Mr. Shinde settled his A/c by paying cash. Discount allowed to him 200