1,200 1,200 Illustration 2 : M. D. as on 1st March 2010 Debit Balance Cash A/C Bank A/C Stock A/C ZaCo A/C Rs. 15,000 12,000 14,000 28,000 Credit Balance Capital A/C Mr. Chandra A/C j10 Rs. 60,000 9,000 2010 March 2 Borrowed Rs.30,000/- from sister Maya for business purpose. 4 Bought goods from Mr. Chandra for Rs.6,000/- @ 5% trade discount. 7 Sold goods worth Rs. 15,000/- to Mr. ZaCo @ 2% trade discount. 9 Received Rs.7,000/- from Mr. ZaCo. 10 Cash deposited into Bank Rs.7,000/-. 12 Paid Rs.5,000/- to Mr. Chandra by issuing a cheque. 15 Paid for new equipment of office Rs.4,000/-. 17 Purchased new furniture for Rs. 2,500/- for personal use. 19 Cash purchases Rs. 15,000/- and cash sales Rs.27,100/-. 22 Paid salaries Rs.1,700/-, rent Rs, 1,250/-, commission Rs.800/- by cash. 26 Withdrew Rs.8,500/- from the business for daughter's marriage by a cheque. 27 Goods worth Rs.1,000/- withdrawn from the business for house use, out of opening stock. 31 Paid interest Rs.300/- to sister Maya on borrowings. You are required to journalise the above transactions including Cash / Bank and post them to the ledger and balance the same