Question

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

Answer 1

Answer:

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