Question

The following transactions were affected through bank during the year ended 31st
March, 2018
Purchases
16.90.000
Sales
24.39,700
Salaries
66,000
Advertising expenses
9,400
Telephone expenses
10.200
Electricity expenses
7,600
Printing and stationery
3,600
Insurance premium
4,000
During the year petty cashier was reimbursed for the expenses incurred by him
amounting to 20,300. The cash with the petty cashier on 31st March 2018 was </800.
The purchases for the month of March, 2018 amounted to 31.40.000. L.G. Limited
was paid for purchases as per terms agreed upon.​

Answer 1

Answer:

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