Question No: 03 Consider the following transactions for April month 1. Acquisitions of merchandise inventory on account Rs24500 2. Sales for cash Rs18125 3. Payment to creditors Rs14500 (further to transaction (a)) 4. Sales on account Rs19000 5. Advertising in newspapers, paid in cash, Rs1500 6. Cost of goods sold Rs20000 7. Collections on account Rs16575 8. Miscellaneous expenses paid in cash Rs4000 9. Wages paid in cash Rs4500 10. Recognize rent expenses Rs1000 11. Depreciation of store equipment. Rs125 a. PART A: Prepare a ledger account for the month ended April 2020. [8] b. PART B: Prepare a trail balance for the month ended April 2020 [8] Options Chat with Proc Calculator View Instructions Question No. 03 This is a subjective question, hence you have to write your answer in the Text-Field given below. The balance sheet accommt of Tata limited had the following balances on April 1, 2020, the beginning of a fiscal year Tata limited Balance ShestAcounts Apili,2020 Rs 1300 12600 38900 2000 10500 Cash Accountsreceivable Merchandiseinventory Prepaidrant Stareequipment Accumulateddereciation store equipmat Accantspayable Paid incapital Reainedeamings Rs 2875 22500 15,000 24925 ONS Chat with Procon-SENTHIL KUMARD