July 5
July 8
July 18
July 20
equal amount for personal use.
6. Mr. Ranjan started business with cash 10,000 and goods * 7,000 on July 1, 1996. His
transactions for the month were as under:
1996
July 2 Bought goods from Ashok
3,000
Sold to Indra
5.400
Sold to Mujib
July 12 Received cash from Indra
5,350
Discount allowed
July 14 Bought from Jugal Kishore
6,450
Purchased furniture
400
Safe purchased from Bhatia Safe Co.
350
July 24 Paid Jugal Kishore
6,375
Discount received
75
July 25 Cash sales
220
Goods returned by Mujib
270
Paid to Bhatia Safe Co.
300
Goods purchased from Jugal Kishore
July 30 Goods returned to Jugal Kishore
22
Paid general expenses
Paid shop rent
Paid salaries
Journalise the transactions, post them into ledger and prepare the trial balance.
Tyinl balance total 33.2201
July 26
July 27
July 29
3,47
July 31
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