On 1st April, 2018, Mohit started business with a
capital of 50,000. He made the following
transactions:
2018
April 03 Purchased goods from Rita on credit for 20,000
April 04 Cash paid to Rita
10,000
April 06 Goods sold to Rohit
25,000
April 08 Received cash from Rohit
20,000
April 12 Goods purchased from Rita
12.000
April 18 Cash paid to Rita
20,000
April 25 Goods sold to Rohit
10,000
April 30 Received cash from Rohit
6,000
You are required to Journalise the above transactions
and show the respective Ledger accounts.
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Answer:
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