Question

Post the following transaction into Ledgers: ( 4 )

Jan 1: Balance in Cash in hand 1,00,000.

Purchased goods worth Rs. 50,000 .

Jan 2: Sold goods worth Rs. 60,000.

Jan 10: Purchased good worth Rs.25,000 from Ravi.

Jan 12: Sold good worth Rs. 15,000 to Kiran.

Jan 20: Cash paid to Ravi Rs. 10,000​

Answer 1

Answer:

Working of this question is in the attachment .