Project 10 Agarwal & Company made following transactions in March, 2016. You are requiredto write the following transactions in journal, ledger and prepare Trial Balance & FinalAccounts:(1) Started business with cash * 2,000, Bank * 20,000.(2) Issued cheque for goods purchased * 1,000.(3) Bought goods for cash 8,000.(4) Bought furniture from Anil for cash * 100.(5) Bought goods from Harish * 1,500.(6) Bought goods from Chandan on credit 5,800.(7) Returned damaged goods to Chandan 800.(8) Sold goods to Gupta 1,000.(9) Received a cheque from Gupta 1,000 for goods sold.(10) Paid commission 2,000.(11) Paid wages by cheque 4,000.(12) Draw cheque for personal use 4,000.(13) Borrow loan from Anand 1,000.(14) Paid Anand's Loan with interest * 1,000.

Project 10 Agarwal & Company made following transactions in March, 2

1.	Project 10 Agarwal & Company made following transactions in March, 2016. You are requiredto write the following transactions in journal, ledger and prepare Trial Balance & FinalAccounts:(1) Started business with cash * 2,000, Bank * 20,000.(2) Issued cheque for goods purchased * 1,000.(3) Bought goods for cash 8,000.(4) Bought furniture from Anil for cash * 100.(5) Bought goods from Harish * 1,500.(6) Bought goods from Chandan on credit 5,800.(7) Returned damaged goods to Chandan 800.(8) Sold goods to Gupta 1,000.(9) Received a cheque from Gupta 1,000 for goods sold.(10) Paid commission 2,000.(11) Paid wages by cheque 4,000.(12) Draw cheque for personal use 4,000.(13) Borrow loan from Anand 1,000.(14) Paid Anand's Loan with interest * 1,000.
Answer» business with CASH * 2,000, BANK * 20,000.(2) Issued cheque for goods purchased * 1,000.(3) Bought goods for cash 8,000.(4) Bought furniture from Anil for cash * 100.(5) Bought goods from Harish * 1,500.(6) Bought goods from CHANDAN on credit 5,800.(7) Returned damaged goods to Chandan 800.(8) Sold goods to Gupta 1,000.(9) Received a cheque from Gupta 1,000 for goods sold.(10) Paid commission 2,000.(11) Paid wages by cheque 4,000.(12) Draw cheque for personal use 4,000.(13) Borrow loan from Anand 1,000.(14) Paid Anand's Loan with interest * 1,00

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Tois question based GISTBasie Prodquet? Gust Sales SupplyАB 2200150800118.00 to 20018.001 300 Intre statoI istrustile12.00 lo1120 Istrestaleb.Tabb Trade Details (sales and purchaseJitems opening stat I purchased sold closingo0104803oa) find out belowgiveoQuestionsCGST ,SGST , LGST final balance?1. use different lable for saleand purchas drade.Neft profit from the trade?closing stock valuations ?

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