Question

Journalize the following transactions in the books of Gaurav, post them into the ledger, and
prepare trial balance for June 2019:
June 1 : Gaurav started the business with Rs. 10,00,000 of which 25% amount was
borrowed from his wife.
June 4 : Purchased goods from Aniket worth Rs. 40,000 at 20% TD and 1/5th amount
paid in cash.
June 7 : Cash purchases Rs. 25,000.
2 | M - 7 5 0 8 3 1 7 1
June 10 : Sold goods to Vishakha Rs. 30,000 at 30% TD and received 30% amount in
cash.
June 12 : Deposited cash into bank Rs. 20,000.
June 15 : Uninsured goods destroyed by fire Rs. 5,500.
June 19 : Received commission of Rs. 3,500.
June 22 : Paid to Aniket Rs. 25,500 in full settlement of A/c.
June 25 : Cash was stolen from cash box Rs. 1,000.
June 27 : Received from Vishakha Rs. 14,500 and discount allowed Rs. 200.
June 30 : Interest received Rs. 2,400 directly added to our bank account.

Answer 1

Answer:

Gaurav started business with rupees 10000 2500 to answer this 500 equals to 9990 + + = 29 so answer is your 1500