Question

How does the Matching
Pass Opening Entry on 1st April 2018 in the books of Krishna Traders from the following
information -
Assets - Cash Rs. 8,000. Cash at bank Rs.7.000, stock Rs. 30,000, Debtors: 36,000 (Mohan Rs.
10,000. Sohan - Rs. 12,000, Dinesh - Rs. 14,000), Furniture Rs. 5,000, Building Rs. 25,000.
Liabilities - Creditor - Maya Traders - 5,000 and Surya Bros Rs. 6,000.
​

Answer 1

Answer:

Pass Opening Entry on 19 April 2018 in the books of Krishna Traders from the following

information -

Assets - Cash Rs. 8,000, Cash at bank Rs. 7,000, stock Rs. 30,000, Debtors: 36,000 (Mohan Rs.

10,000, Sohan - Rs. 12,000, Dinesh - Rs. 14,000), Furniture Rs. 5,000, Building Rs. 25,000.

Liabilities - Creditor - Mava Traders -- 5,000 and Surya Bros Rs. 6.000.