0
Enter the following transactions in the Journal of Suresh, Delhi who trades in readymade garments:
2022 April 1 Suresh paid on bank as capital 60,000
April 2 He bought goods and paid by cheque 24,000
April 3 Sold goods to Mukand & Co. Delhi 6,700
April 4 Sold goods for cash 10,900
April 5 Paid sundry expenses in cash 3,000
April 8 Paid for office furniture and fittings by cheque 4,000
April 9 Bought goods from Ramesh & Bros. 10,600
April 11 Returned goods to Ramesh & Bros. 1,500
April 12 Issued cheque to Ramesh & Bros. in settlement 8,500
April 12 Goods costing ₹ 5,000 destryoed by fire
April 20 Insurance company paid claim 4,000
April 30 Bank charged interest 200
April 30 Borrowed from Ridhi @ 10% per annum interest 50,000
April 30 Received from Mukand & Co. on account 3,000
April 30 Sold household furniture and paid the amount into business. 10,000
April 30 Sold goods costing ₹ 5,000 to Anita for cash at a profit of 20% on cost, less 20% trade discount
April 30 Sold goods costing ₹ 20,000 to Sunil at a profit of 20% on sale less 20% Trade Discount and paid cartage ₹ 150 (to be charged from customer)
Anurag Pathak Changed status to publish September 21, 2023
Add a Comment