journal, ledger & trial balance
1.started business with Rs.50,000, paid into bank 20,000
2 bought furniture for Rs.5,000 and machinery for Rs.10,000.
3 purchased goods for Rs.14,000
6 sold goods for Rs.8,000
8 purchased goods from malhotra& co Rs.11,000
10 paid telephone rent for the year by cheque Rs.500
11 bought one type writer for Rs.2,100 from universal typewriter &co on credit
15 sold goods to keshav ram for Rs.12,000
17 sold goods to Rajesh Kumar for Rs.2,000 for cash
19 amount withdrawn from bank for personal use Rs.1,500
20 withdrew from bank for business use RS 3,500
21 Received cash from keshav ram Rs.11,690, discount allowed Rs.100
22 paid into bank Rs.5,800
23 bought 50 shares in XY&co. Ltd. at Rs.60 per share, brokerage paid Rs.20
25 goods worth Rs.1,000 found defective were returned to malhotra&co and the balance of the amount due to them was settled by issuing a cheque in their favour
28 sold 20 shares of XY and co.Ltd. at Rs.65 per share, brokerage paid Rs.20
28 bought goods worth Rs.2,100 from ramesh and supplied them to suresh at Rs.3,000
30 suresh returned goods worth Rs.100 which in turn were sent to ramesh
30 issued cheque for Rs.1,000 in favour of the landlord for the rent
30 paid salaries to staff Rs.1,500 and received from travelling salesman Rs.2,000 for goods sold by him,after deducting his travelling expenses Rs.100
30 paid for: charity Rs.101; stationary Rs.450;postage Rs.249
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20000-50000
30000
15000-30000
15000
15000-14000
1000
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