1. Journalise the following transactions in the books of Ram:

2024
April 01 Business started with cash 1,00,000
April 02 Goods purchased for cash 25,000
April 03 Goods purchased from Pankaj on credit 18,000
April 05 Goods sold to Naresh on credit 9,000
April 07 Goods returned to Pankaj 12,000
April 09 Goods returned by Naresh 1,400
April 10 Cash paid to Ajay. 6,000
April 12 Commission received 2,700
April 15 Furniture purchased 7,000
April16 Rent paid to Amit 5,000
April 19 Sold goods to Sumit for cash 6,000
April 24 Cash sales 7,000
April 30 Cash received from Naresh on account 5,000
April 30 Salaries paid 10,000

  T.S.Grewal/2024 Edition/Practical Problems/Q-01

For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.

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