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Q. No. 3. Enter the following transactions in the proper daily books and post them to ledger accounts. Also prepare Trial Balance: 2015 Jan. 1:
Q. No. 3. Enter the following transactions in the proper daily books and post them to ledger accounts. Also prepare Trial Balance: 2015 Jan. 1: Purchased goods worth 6,000 from Ms Imran & Sons. Jan. 5: Sold goods to M/s Asim 2,000. Jan. 7: Purchased goods from M/s Salman Bros. 4.000 at 5% TD (Trade Discount). Jan. 9: Sold goods to Kamran on cash 500. Jan. 12: Bought goods from Raza 3,500 at 10% TD. Jan. 17: Supplied goods to Ms Qadeer 2,500 at 5% TD. Jan. 20: Sold furniture to M/s Dilawar worth 1.200. Jan. 22: Returned goods to M's Salman Bros. 500 gross. Jan. 25: M/s Ahmed returned goods worth 500. Jan. 27: Sent debit note to M/s Imran for 200. Jan. 30: Sold goods to Dilawar worth 9,000 and received half amount on the spot
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