,

Rs 94 11 1,500 1,435 11 11 Enter the following transactions in the proper books of the Golden Tobacco Co. 2006 Jan. 1 Assets: Leasehold Premises, Rs. 18,000; Machinery Rs. 27,600; Stock of Raw Tobacco Rs. 51,900; Cash at Bank Rs. 7,620; Cash in hand Rs. 860; due from Mohan & Co. Rs. 1,460; due from Cavendish & Co. Rs. 1,260; Furniture Rs. 1,500. Liabilities: Loan @ 6% Rs. 20,000; due to Wilson & Grey Rs. 6,000 3 Drawn from Bank for wages to be paid the following day) 4 Wages paid 7 Bought of Wilson & Grey; 896 kg. Borneo Leaf @ Rs. 4 per kg; 672 kg. West Indian Leaf @ Rs. 3.50 per kg; Charges Rs. 47 9 Returned 128 kg. of West Indian Leaf as not being up to quality 12 Paid customs duty by cheque 17 Sold to Mohan & Co.: 75 kg. Royal Mixture @ Rs. 20 per kg. 20,000 Aromatic Cigarette @ Rs. 50 per 1,000; 40 kg. Five Flakes @ Rs. 80 per kg. 18 Paid Wilson & Grey by cheque in full settlement of amount due on January, 1 18 Received from Cavendish & Co. by cheque in full settlement 19 Bought of Sharp Bros & Co.: Advertising posters 24 Northern Engine Co. Ltd charges for repairing machinery, paid cash 24 Sold to Cavendish & Co.: 10,000 Aromatic Cigarette @ Rs. 50 per 1,000 11 6,860 11 11 5,850 1,235 1,100 250 11 2,000 11 11 Jan. 25 Bought of John Barnes & Co.: Indian Leaf 1,120 kg. @ Rs. 3 per kg. 26 Received from Mohan & Co. on account, cheque 27 Bank notifies that Cavendish & Co.'s cheque is dishonoured 28 Bought of Dale & Sons: Borneco Leaf 882 kg. @ Rs.4 per kg. and Indian Leaf 560 kg. @ Rs. 3 per kg.; Charges Rs. 7. 29 Paid for advertisements 31 Paid for repairs to furniture 31 Paid ground rent 31 Drawn from bank for private use 31 Bank Charges interest for the month 31 Received intimation that Cavendish & Co. are insolvent, no possibility of recovering anything 31 Allowed interest on capital @ 5% per annum 31 Cigarettes taken for private use 31 Sold to Blunt & Co. 50 kg. Five Flakes @ Rs. 80; 10,000 Aromatic Cigarettes @ Rs. 52 per 1,000. Packing charges Rs. 30. 230 30 600 400 35 11 11 11 10 11 +