2. Journalise the following transactions, post them into Ledger and prepare a Trial Balance: 2024 2024 April 1 Vijay commenced business with cash 1,00,000 April 20 Received cash from GopalDiscount Allowed 3,95050 April 3 Bought goods 5,000 April 25 Paid wages 700 April 4 Sold goods to Gopal 4,000 April 27 Paid to Ram in … Read more
1. Prepare a Trial Balance with the following information: Sr. No. Name of Account Balance (₹) Sr. No. Name of Account Balance (₹) (i) Capital 5,00,000 (v) Stock 70,000 (ii) Cash 1,80,000 (vi) Debtors 6,00,000 (iii) Creditors 1,00,000 (vii) Bank Loan 1,50,000 (iv) Sales 3,00,000 (viii) Purchases 2,00,000 T.S.Grewal/2024 Edition/Practical Problems/Q-01 For full question, … Read more