A B D E F H 2 3 5 6 7 8 1 Journalise the following transactions in the Books of M/S Guru and Co 01-04-2020 Commenced business by Introducing Capital of Rs 25 lakhs 01-04-2020 Hired godown by paying a deposit of Rs 5 lakhs 01-04-2020 Purchased Goods on Credit from M/S Arvind wrth Rs 7.7 lakhs 02-04-2020 Hired 5 workmen on a monthly salary of Rs 15,000 each 02-04-2020 Purchased sewing machines worth Rs 3 lakhs 02-04-2020 Withdrew cash for workshop use Rs 1 lakh 03-04-2020 Invoiced Garments worth Rs 4 lakhs to M/S GAP 03-04-2020 Invoiced Garmets worth Rs 3 lakhs to M/SD Mart 04-04-2020 Received from GAP a sum of Rs 3 lakhs 04-04-2020 Received from D Mart a sum of Rs 1.75 lakhs 12 05-04-2020 Paid to M/S Arvind Rs 2 lakhs 06-04-2020 Paid Electricity bill Rs 1500 07-04-2020 Invoiced Goods worth Rs 2 lakhs to M/S Gokul 08-04-2020 Received Rs 1 lakh from GAP 09-04-2020 Received Rs 1.25 from Dmart 10-04-2020 Sales Returns Rs 5000 from M/S Gokul 11-04-2020 Received Rs 1.93 lakhs from M/S Gokul gave a discount of 0.2 lakhs 19 12-04-2020 Purchased the following items in cash Brand Lable 15000 9 10 11 13 14 15 16 17 18 20 21 Buttons Coller Placket 4500 10500 18 marks 22 23 18 marks 14 marks 24 25 Pass the Ledger Entries for the Above Transactions and Prepare the Trial Balance. 26 27 Considering the Adjustement Provided Prepare the Final Accounts. 28 Adjustments: 29 a) Depreciate Machinery by 5% 30 b) Closing Stock was 70000 31 c) Provide for Income Tax at 30% 32 d) Wages was o/s Rs 3500 33