Question

The following transactions took place during July 2019. Post them into Ledger and prepare
9
Introduced additional Capital 340,000
1
4
Bought goods from Rakesh * 80,000 @ 10% Trade Discount
7
Sold goods to Rashmi 30,000
Returned goods to Rakesh 20,000 (Gross)
11
Rashmi returned goods to us 400
14 Paid to Rakesh 40,000 @ 2% Cash Discount
22 Made purchases *17,000 and amount paid by cheque
24 Cash Sales 8,000
27 Bought Stationery 3,000
28 Received from Rashmi 39,000 by RTGS and discount allowed 1000
29 Paid Salary 10,000
29 Sold goods to Rashmi 20,000
31 Bought goods from Rakesh * 36,000 and paid by cheque.
Trial Balance as on 31st July 2019.​

Answer 1

Answer:

22 Made purchases *17,000 and amount paid by cheque