Question

the form of cash and the following are the transactions during the month of October 2020.
Please journalise the transactions and post them to the Ledger accounts and prepare the Trial
Balance
Oct 1. He has opened an account with Axis Bank Hegde Nagar branch and deposited Rs.1,00,000
Oct 1 He brought essential furniture for office use valued at Rs.50,250 on credit
Oct 2. Bought goods from Mr. Navneet for Rs.50,000 on credit
Oct 2. Ms Manju joined the company as Accountant for a salary of INR 20,000 per month
Oct 2. Withdrew Rs. 10,000 from Bank for personal use.
Oct 2. The cash Sales at the end of the day was Rs. 25,000
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Oct 3. Bought goods from Mr. Suresh valued at Rs.75,000 on credit.
Od 5. Total sales made by him for two days was Rs. 1,05,350
Od 10. Purchased goods from Ms.Asha Rs.75,000
Oct 15 Total sales made for 10 days was Rs. 125,800
Oct 25 Goods returned to Anitha Rs. 2,500
Oct 31 Rent paid by chegue Rs. 15,000
Oct 31 Paid Salaries Rs.20,000 by cheque
Oct 31 Electricity bill of Rs. 1,500 was paid by him in cash
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Oct 31 Sold Goods to Ravan R$ 75,600​

Answer 1

Answer:

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