The following balances of ledger of M/s Marble Traders on April 01, 2017
[tex]
\begin{tabular}{c c c} \\
2017 & & Rs. \\
April & & \\
Cash in hand & & 6,000 \\
Cash at bank & & 12,000 \\
Bills receivable & & 7,000 \\
Ramesh (Cr.) & & 3,000 \\
Stock (Goods) & & 5,400 \\
Bills payable & & 2,000 \\
Rahul (Dr.) & & 9,700 \\
Himanshu (Dr.) & & 10,000 \\
Transactions during the month were: & & \\
April & & Rs. \\
01 & Goods sold to Manish & 3,000 \\
02 & Purchased goods from Ramesh & 8,000 \\
03 & Received cash from Rahul in full settlement & 9,200 \\
05 & Cash received from Himanshu on account & 4,000 \\
06 & paid to Remesh by cheque & 6,000 \\.
08 & Rent paid by cheque & 1,200 \\
10 & Cash received from manish & 3,000 \\
12 &Cash sales & 6,000 \\
14 & Goods returned to Ramesh & 1,000 \\
15 & Cash paid to Ramesh in full settlement & 3,700 \\
& Discount received & 300 \\
18 & Goods sold to Kushal & 10,000 \\
20 & Paid trade expenses & 200 \\
21 & Drew for personal use & 1,000 \\
22 & Goods return from Kushal &1,200 \\
24 & Cash received from Kushal & 6,000 \\
26 & Paid for stationery & 100 \\
27 & Postage charges & 60 \\
28 & Salary Paid & 2,500 \\
29 & Goods purchased from Sheetal Traders & 7,000 \\
30 & Sold goods to Kirit & 6000 \\
& Goods purchased from Handa Traders & 5,000 \\
Journlise the above transactions and post them to the ledger.
\end{tabular}
[/tex]
Answers
Answer:
Explanation:
JOURNALS
cash A/c 6000
Bank a/c 12000
Bills Receivable 7000
stock A/c 5400
Rahul a/c 9700
Himanshu A/c 10000
To Ramesh A/c 3000
To Bills payable 2000
To capital A/c 45100
Manish 3000
To sales A/c 3000
Purchases A/c 8000
To ramesh 8000
cash A/c 9200
Discount 500
To Rahul 9700
cash a/c 4000
To Himanshu 4000
Ramesh 6000
To Bank A/c 6000
Rent A/c 1200
To bank A/c 1200
Cash A/c 3000
To manish A/c 3000
cash A/c 6000
To Sales A/c 6000
Ramesh 1000
To purchase return 1000
Ramesh A/c 4000
To cash 3700
To Discount 300
Kushal 10000
To sales A/c 10000
Trade expenses 200
To cash 200
Drawing A/c 1000
To cash A/c 1000
Sales return 1200
To Kushal A/c 1200
cash A/c 6000
To Kushal 6000
stationery A/c 100
To cash A/c 100
Postage A/c 7000
To sheetal 7000
Kirit 6000
To sales A/c 6000
purchase A/c 5000
To handa traders 5000
--------------- ----------------
135060 135060