6. Suresh commenced business on 1st April, 2024 with a capital of ₹1,20,000 of which ₹60,000 was paid into his Bank Account and balance retained as cash. His other business transactions during the month were as follows:f

2024
April 02 Bought furniture for office use 20,000
April 05 Purchased goods 16,000
April 08 Purchased goods from Ramesh 11,000
April 12 Sold goods to Sameer 21,000
April 13 Purchased stationery for cash 1,800
April 13 Paid cash to Ramesh on account 10,000
Discount allowed by him 1,000
April 17 Withdrew cash for office use 4,000
April 18 Sen of Chandigarh sold goods to Suresh. 30,000
April 19 Cash received from Sameer 20,000
Allowed him discount 1,000
April 20 Sold goods to Raj Banwari 40,000
April 28 Cash sales 1,400
April 30 Paid salary by cheque 8,000
April 30 Paid rent by cheque 5,000
April 30 Paid cash into bank 4,000

Journalise the above transactions and post them to the Ledger.

  T.S.Grewal/2024 Edition/Practical Problems/Q-06

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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