2. Journalise the following transactions, post them into Ledger and prepare a Trial Balance:
| 2024 | 2024 | ||||
|---|---|---|---|---|---|
| April 1 | Vijay commenced business with cash | 1,00,000 | April 20 | Received cash from Gopal Discount Allowed |
3,950 50 |
| April 3 | Bought goods | 5,000 | April 25 | Paid wages | 700 |
| April 4 | Sold goods to Gopal | 4,000 | April 27 | Paid to Ram in full settlement | 7,700 |
| April 10 | Bought goods from Ram | 8,000 | April 30 | Paid rent | 1,500 |
| April 15 | Paid trade expenses | 2,000 |
T.S.Grewal/2024 Edition/Practical Problems/Q-02
For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.
Answer :