On 1st April, 2019, the following were Ledgers balances of M/s Ram & Co., Cash in Hand ₹300; Cash at Bank ₹ 7,000; Bills Payable ₹ 1,000; Zahir (Dr) ₹ 800; Stock ₹4,000; Gobind (Cr) ₹ 2,000; Sharma (Dr) ₹1,500; Rahul (Cr) ₹ 900; Capital ₹ 9,700.
Transactions during the month of April, 2019 were:
2019 ₹
Apr-02 Bought goods from Gobind, Delhi 900
Apr-03 d goods to Sharma , Kanpur 1,000
Apr-05 Bought goods from Rahul, Delhi 1,200
Apr-08 Sold goods to Zahir, Kolkata 500
Apr-15 Paid Gobind by cheque on account* 1,500
Apr-18 Received from Sharma a cheque of 2,000
Allowed him discount* 50
Apr-20 Sold goods to Sharma, Kanpur 800
Apr-20 Paid rent by cheque 200
Apr-25 Sold goods to Zahir, Kolkata 1,000
Apr-30 Paid salaries in cash 300
Post the above transactions into ledger accounts.
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