journalise the following transaction in the books of govind post them in the ledger 618976
Journalise the following transaction in the books of Govind. Post them in the ledger and balance the various accounts opened in the ledger.
2009 |
Apr 1 |
Govind commenced business with the following assets and liabilities. |
Cash |
Rs 1,00,000 |
|
Stock |
Rs 75,000 |
|
Machinery |
Rs 90,000 |
|
Furniture |
Rs 5,000 |
|
Creditors |
Rs 1,00,000 |
|
Apr 4 |
Sold goods to Kamal Rs 1,15,000. |
|
Apr 7 |
Bought goods from Ajay Rs 75,000. |
|
Apr 9 |
Paid to Ajay Rs 50,000 on account. |
|
Apr 11 |
Withdraw cash for personal use Rs 3,500. |
|
Apr 13 |
Received Commission Rs 6,000. |
|
Apr 15 |
Furniture purchased Rs 9,000. |
|
Apr 17 |
Brought in additional capital Rs 25,000. |
|
Apr 18 |
Issued a cheque for rent Rs 6,000. |
|
Apr 19 |
Drew from bank for personal use Rs 4,000. |
|
Apr 21 |
Paid life insurance premium Rs 1,327. |