Q.4. Open necessary ledger accounts, balance the accounts 2021
March 1. Sohel started business with cash Rs. 30,000, Cash at Bank of
Maharashtra Rs. 25,000, Building Rs. 50,000
3. Purchased goods from Ram worth Rs. 12,000 less 10% T.D 6. Deposited Cash with Bank in Rs. 4, 000
9. Paid to Ram Rs 5,800 by cheque
12. Sold goods to Simple Rs. 8,000 5\%p.a.
15. Paid for Advertisement Rs. 1,200
18. Withdrew Cash from Bank Rs. 2,500
22. Received from Simple Rs. 7,000 in full settlement of the account
23. Purchased Furniture worth Rs. 7,000
25. Paid Salary worth Rs. 3,000 and Wages worth Rs. 2,000
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- first create journal then it will become more easier to find ledger a/c
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