1.

Enter the following transactions in the Journal of Ganesh Bros. : 2017 ₹ March 3 Sold goods to Dev 1,00,000 5 Received from Dev in full settlement of his account 98,000 6 Sold goods to Manmohan 80,000 8 Manmohan returned goods 1,000 15 Received from Manmohan in full settlement of his account 78,200 16 Received cash from Ram 19,500 and discount allowed 500 20 Paid cash to Pawan 4,700 and discount received from him 300 25 Sold goods to Varun of the list price of ₹ 25,000 at 20% trade discount

Answer» Enter the following transactions in the Journal of Ganesh Bros. :





































































2017
March 3 Sold goods to Dev 1,00,000
5 Received from Dev in full settlement of his account 98,000
6 Sold goods to Manmohan 80,000
8 Manmohan returned goods 1,000
15 Received from Manmohan in full settlement of his account 78,200
16 Received cash from Ram 19,500
and discount allowed 500
20 Paid cash to Pawan 4,700
and discount received from him 300
25 Sold goods to Varun of the list price of ₹ 25,000 at 20% trade discount


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