Question

prepare Trial Balance
2019 Nov.01
Business started with Cash Rs.1,50,000
Nov.01
Business started with Goods Rs. 50,000
Nov.03
Purchased goods from Harish Rs.30,000
Nov.05
Sold goods for cash Rs. 12,000
Nov.08
Purchase furniture for cash Rs. 5,000
Nov.10
Cash paid to Harish on account Rs.15,000
Nov.13
Paid sundry expenses Rs.200
Nov.15
Cash sales Rs. 15,000
Nov.18
Deposited into bank Rs. 5,000
Nov.20
Drew cash for personal use Rs.1,000
Nov.22
Cash paid to Harish in full settlement of account Rs.14,700
Nov.25
Goods sold to Nitesh Rs.7,000
Nov.26
Cartage paid Rs.200
Nov.27
Rent paid Rs. 1,500
Nov.29
Received cash from Nitesh Rs. 6,800
Nov.29
Discount allowed Rs. 200
Nov.30
Salary paid Rs. 3,000

Answer 1

Answer:

prepare Trial Balance

2019 Nov.01

Business started with Cash Rs.1,50,000

Nov.01

Business started with Goods Rs. 50,000

Nov.03

Purchased goods from Harish Rs.30,000

Nov.05

Sold goods for cash Rs. 12,000

Nov.08

Purchase furniture for cash Rs. 5,000

Nov.10

Cash paid to Harish on account Rs.15,000

Nov.13

Paid sundry expenses Rs.200

Nov.15

Cash sales Rs. 15,000

Nov.18

Deposited into bank Rs. 5,000

Nov.20

Drew cash for personal use Rs.1,000

Nov.22

Cash paid to Harish in full settlement of account Rs.14,700

Nov.25

Goods sold to Nitesh Rs.7,000

Nov.26

Cartage paid Rs.200

Nov.27

Rent paid Rs. 1,500

Nov.29

Received cash from Nitesh Rs. 6,800

Nov.29

Discount allowed Rs. 200

Nov.30

Salary paid Rs. 3,000

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