Prepare Simple Cash Book of Sri Gopal Bhattacharya of Kolkata from the following transactions:
Prepare Simple Cash Book of Sri Gopal Bhattacharya of Kolkata from the following transactions:
2022 April 1 | Sri Bhattacharya commenced business introducing cash ₹ 60,000 and ₹ 1,50,000 by taking a loan from the Allahabad Bank | |
April 4 | Purchased following assets for business: Computer ₹ 16,000; Furniture ₹ 18,500 and Machinery ₹ 32,000, paid by cheque. | |
April 6 | Purchased goods of ₹ 40,000 from Bhushan, Kolkata, half of the value paid in cash | |
April 8 | Paid wages for installation of machinery | 4000 |
April 12 | Computer repair charges | 1900 |
April 15 | Paid Wages | 15000 |
Purchased Postage Stamps | 150 | |
Paid for Stationery | 2700 | |
April 19 | Sold for cash half the goods purchased from Bhushan to Anil at a profit of 25% and allowed him Trade Discount of 5% | |
April 22 | Cash withdrawn for personal use | 20,000 |
April 24 | Payment to carpenter for repairs to personal property | 350 |
April 26 | Paid for medical expenses of Smt. Bhattacharya | 1800 |
April 30 | Paid for shop rent | 2000 |
Anurag Pathak Changed status to publish October 23, 2023