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Pass Journal entries in the books of Rama Kant Enterprises from the following:
2025 ₹
April 1 Commenced business with cash 3,00,000
2 Purchased goods from Subhash 60,000
4 Sold goods to Remnath 40,000
6 Ramnath returned defective goods 2,000
10 Received cash from Ramnath and Discount allowed 37,400
12 Gopal sold goods to us 600
14 Paid to Gopal in full settlement of his account after deducting 5% discount 40,000
15 Paid Rent 15,000
16 Paid Rent of Rama Kant’s residence 10,000
18 Purchased goods for cash from Govind for ₹ 15,000 at 20% trade discount
20 Purchased goods from Govind for ₹ 50,000 at 20% trade discount.
24 Paid to Govind ₹ 38,800 in full settlement of his account.
25 Paid to Subhash ₹ 19,200; disocunt received ₹ 800.
30 Paid Wages ₹ 4,000; Salaries ₹ 20,000; Advertisement expenses ₹ 2,200 and Trade expenses ₹ 3,000.
[Ans. Total ₹ 6,86,200.]
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