Question

give me the nelow answer for the question

Answer 1

In the books of Ganesh
As on 31st March, 2010

☛ March 1 - Ganesh Commenced bussiness with the capital of Rs. 10,000

Cash A/c. Dr. 10,000
To capital A/c. 10,000
(Being Bussiness started)

☛ March 2 - Goods purchased for cash Rs. 800

purchases A/c. Dr. 800
To Cash A/c. 800
(Being Goods purchased for cash)

☛ March 4 - purchased Machinery for Rs. 1,500

Machinery A/c. Dr. 1,500
To Cash A/c. 1,500
(Being Machinery purchased)

☛ March 6 - Goods sold for cash Rs. 1,000

Cash A/c. Dr. 1,000
To Sales A/c. 1,000
(Being Goods sold for cash)

☛ March 8 - Paid Salaries Rs. 200

Salaries A/c. Dr. 200
To Cash A/c. 200
(Being Salary paid)

☛ March 10 - Commission Received 150

Cash A/c. Dr. 150
To Sales A/c. 150
(Being commission received)

☛ March 14 - Goods purchased from Khasim Rs. 400

Purchases A/c. Dr. 400
To Khasim A/c. 400
(Being Goods purchased from Khasim on credit)

☛ March 16 - Goods sold to Samuel Rs. 650

Samuel A/c. Dr. 650
To Sales A/c. 650
(Being Goods Sold to Samuel on credit)

☛ March 17 - Goods returned to Khasim Rs. 200

Khasim A/c. Dr. 200
To purchase Return A/c. 200
(Being Goods returned to Khasim)

☛ March 19 - Goods returned by Samuel Rs. 300

Sales return A/c. Dr. 300
To Samuel A/c. 300
(Being Goods returned by Samuel)

☛ March 20 - Cash paid in SBI Rs. 4,000

Bank A/c. Dr. 4,000
To Cash A/c. 4,000
(Being Cash deposited into Bank)

☛ March 22 - cash received from Samuel Rs. 2,000

Cash A/c. Dr. 2,000
To Samuel A/c. 2,000
(Being Cash received from Samuel)

☛ March 24 - cheque given to Khasim Rs. 1,500

Khasim A/c. Dr. 1,500
To Bank A/c. 1,500
(Being Cash given to Khasim)

☛ March 26 - Rent paid by Cheque Rs. 1,000

Rent A/c. Dr. 1,000
To Bank A/c. 1,000
(Being Rent paid by cheque)

☛ March 28 - proprietor withdrawn cash for his own use Rs. 1,550

Drawings A/c. Dr. 1,500
To Cash A/c. 1,500
(Being Cash withdrawn for personal use)

☛ March 29 - cash withdrawn from Bank Rs. 600

Drawings A/c. Dr. 600
To Bank A/c. 600
(Being Cash withdrawn from Bank)

☛ March 31 - Interest Received Rs. 2,000

Cash A/c. Dr. 2,000
To Interest A/c. 2,000
(Being Interest Received)

Total :- Dr. 27,850 ; Cr.27,850