Question

leadger posting of

016 Transactions 1 Started business with cash of Rs.2,00,000
5 Bought machinery in cash of Rs.30,000.
10 Bought goods for cash from Ram of Rs.5,000.
15 Sold goods for cash to Hari of Rs.40,000 20 Paid trade expenses of Rs.1,000
25 Paid salary to Mohan, a clerk of Rs.3250. 30 Goods return from Hari of Rs.4000.
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Answer 1

Answer:

is it maths subject ok 5000 gold and hari

Answer 2

Answer:

1. Cash a/c Dr 200000

To Capital a/c 200000

(Started business with cash of Rs.2,00,000)

2 Machinery a/c Dr 30000

To Cash a/c 30000

Bought machinery in cash of Rs.30,000.

3 Purchase a/c Dr 5000

To cash a/c 5000

Bought goods for cash from Ram of Rs.5,000.

4 ,Cash a/c Dr 4000

To Sales a/c 40000

Sold goods for cash to Hari of Rs.40,000

5 Trade expenses a/c Dr 1000

To cash a/c 1000

Paid trade expenses of Rs.1,000

6 Salary a/c Dr 3250

To cash a/c 3250

Paid salary to Mohan, a clerk of Rs.3250

7. Sales return a/c Dr 4000

To cash 4000

Goods return from Hari of Rs.4000.