Question

Q.3. Prepare the Journal, Ledger and Trial Balance for the following:
Aug-15 Transaction
Commenced business with cash Rs. 150000/- and furniture Rs. 20000/-
2 Cash purchases Rs. 7500/-
4 Bought goods from Mr. Bhate Rs. 15000/-
7 Sold goods to Mr. Kate Rs. 12500/-
9 Opened bank account by depositing Rs. 100000/-
12 Paid taxes Rs. 250/-
14 Cash sales Rs. 7000/-
15 Received a crossed cheque from Mr Kate for Rs. 12250/- in full settlement
19 Paid for repairing furniture Rs. 1500/-
21 Paid Mr. Bhate Rs. 14700/- in full settlement
23 Paid to Mr. Nandy Rs. 150/- for carraige of raw materials
25 Received from Mr. sawant a commission of Rs. 2300/-
27 Paid to Sakal Press Rs. 5000/- for advertisement
Goods burnt by fire Rs. 1000/- are scrapped for Rs. 100/- as they are
29 uninsured

Answer 1

Answer:

1500rupees

Explanation:

so what are your thoughts on the

Answer 2

Answer:

Please provide the full solution

Explanation: