1.

Journalise the following transactions , post them into Ledger and prepare a Trial Balance : (₹) (₹) 2018 2018 Apr. 1 Mohan commenced business with cash 1,00,000 Apr. 20 Received cash from Gopal 3,950 Apr. 3 Bought goods 5,000 Discount Allowed 50 Apr. 4 Sold goods to Gopal 4,000 Apr. 25 Paid Wages 700 Apr. 10 Bought goods from Ram 8,000 Apr. 27 Paid to Ram in full settlement 7,700 Apr. 15 Paid trade expenses 2,000 Apr. 30 Paid rent 1,500

Answer» Journalise the following transactions , post them into Ledger and prepare a Trial Balance :





































































(₹) (₹)

2018



2018

Apr. 1


Mohan commenced business with cash

1,00,000 Apr. 20 Received cash from Gopal 3,950
Apr. 3 Bought goods 5,000 Discount Allowed 50
Apr. 4 Sold goods to Gopal 4,000 Apr. 25 Paid Wages 700
Apr. 10 Bought goods from Ram 8,000 Apr. 27 Paid to Ram in full settlement 7,700

Apr. 15


Paid trade expenses

2,000 Apr. 30 Paid rent 1,500


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