5. Enter the following transactions in the Journal of Gurman and post them to the Ledger:
| 2024 | ₹ | |
|---|---|---|
| April 01 | Assets: Cash in Hand ₹20,000; Cash at Bank ₹35,000; Stock ₹15,000; Furniture ₹4,500: Debtors: Poonam ₹20,000; Sonu ₹10,000 |
|
| Liabilities: Creditors: Ashok ₹13,500; Pankaj ₹21,500 | ||
| April 04 | Purchased goods from Pankaj | 5,000 |
| April 07 | Paid to Ashok by cheque in full settlement of his account | 13,000 |
| April 10 | Sold goods to Poonam | 11,000 |
| April 12 | Purchased goods from Ashok | 15,000 |
| April 15 | Sold goods to Sonu | 6,000 |
| April 18 | Received cheque from Poonam on account | 24,500 |
| Allowed her discount | 500 | |
| April 25 | Paid for stationery | 1,200 |
| April 27 | Paid telephone bill by cheque | 3,500 |
| April 30 | Paid salaries | 6,000 |
T.S.Grewal/2024 Edition/Practical Problems/Q-05
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.