D K Goel Chapter 9

2. Following balances appeared in the books of Ram & Shyam on January 1, 2023:  Assets: Cash in hand ₹30,000; Stock ₹36,000; Lal Chand ₹7,600; Mukesh Khanna ₹16,200: Furniture ₹8,000.  Liabilities: Ghanshyam ₹6,000; Vinod ₹8,000.  Following transactions took place during Jan. 2023 2023 Jan. 2 Purchased Typewriter for ₹7,500. 4 Sold goods for Cash of … Read more

1. Journalise the following transactions, post them into Ledger, balance the accounts and prepare a Trial Balance: 2023 ₹ March 1 Shyam Sunder & Sons commenced business with cash 80,000 2 Purchased goods for cash 36,000 3 Machinery purchased for cash 4,000 4 Purchased goods from: Raghu 22,000 Dilip 30,000 6 Returned goods to Raghu … Read more