Record the following transactions in the appropriate books of prime entry, post them into ledger and make
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Record the following transactions in the appropriate books of prime entry, post them into ledger and make a trial balance.
January 1 Opening cash balance ` 20,000 Bank balance ` 15,000 5 Bought a new set of banquet tables on credit from Sujatha Fittings Ltd. 10,000 10 Sold old chairs and tables on credit to Murray and Company ` 1000 12 Purchased goods worth ` 1000 for cash 15 Sold goods for cash ` 2000 16 Purchased goods worth ` 2000 on credit from Mr.Anand 20 Sold goods worth ` 5000 on credit to Mr.Anil 22 Returned goods worth ` 500 to Mr.Anand 28 Returned goods worth ` 200 by Anil
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Related Book For
Financial Accounting For Hotels
ISBN: 9781259004940
1st Edition
Authors: Prasanna Kumar JP, Linda Nalini Danie, Mruthyunjaya V. Pagad
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