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FORM A Trail Balance Using The Given Information Question no 2: Following data is extracted from the books of Ahmed and company Int. during March,

FORM A Trail Balance Using The Given Information

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Question no 2: Following data is extracted from the books of Ahmed and company Int. during March, the business engaged in the following transactions. (10) Mar. 2 Borrowed Rs. 45,000 from the bank and signed a note payable in the name of the business. Mar. 4 Paid cash of Rs. 40,000 to acquire land. Mar. 9 Performed services for a customer and received cash of Rs. 5,000. Mar. 13 Purchased office supplies on account, Rs. 300. Mar. 15 Performed services for a customer on account, Rs. 2,600. Mar. 18 Paid Rs. 1,200 on account. Mar. 21 Paid the following cash expenses: salaries, Rs. 3,000; rent, Rs. 1,500; and interest, Rs. 400. Mar. 25 Received Rs. 3,100 from a customer on account. Mar. 27 Received a Rs. 200 utility bill that will be paid next month. Mar. 29 Received Rs. 1,500 for services to be performed next month. Mar. 30 Cash dividends of Rs. 1,800 were paid to stockholders

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