Pls prepare BOTH journal entry and ledger entry ALSO for the following...no links pls
1. Following transactions of Ramesh for April, 2019 are given below. Journalise them.
| 2019 | ₹ | |
| April 1 April 2 April 3 April 4 April 13 April 20 April 22 April 24 April 28 April 30 April 30 April 30 |
Ramesh started business with cash Paid into bank Bought goods for cash Drew cash from bank for office use Sold goods to Krishna Bought goods from Shyam Krishna returned goods Received from Krishna Allowed him discount Paid cash to Shyam Discount received Cash sales for the month Paid rent Paid salary |
1,00,000 20,000 50,000 10,000 15,000 22,500 2,000 12,500 500 21,500 1,000 80,000 5,000 10,000 |
note :- preparation of ledger a/c from journal prepared above is quiet easy so try to prepare it yourself as it seems to be project work .But, you may feel free to contact us if you face any issue or difficulty while composing your answer. You can also send us your answers here for a feedback and required corrections, if any.
regards