Mr. Ramu has the following transactions
in the month of July.
Record them into the journal and show
postings in the ledger and balance the
accounts.
: Ramu started business with a
capital of 75,000
: Purchased goods from Manu on
credit 25,000
: Sold goods to Sonu 20,000
: Purchased goods from Meenu
15,000
: Sold goods to Tanu for cash
16,000
: Goods retuned to Manu 2,000
: Bought furniture for 15,000
: Bought goods from Zenu 12,000
: Goods returned from Sonu 3,000
: Cash received from Jane 5,500
: Goods taken by Ramu for
domestic use 3,000
: Returned Goods to Zenu 1,000
: Cash received from Sonu 12,000
: Bought machinery for 18,000
1,000
bicycle for Ramu's son 1,500
19th : Cash sales 15,000
20th
: Cash purchases 13,500
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