40 transactions with their journal entries ledger trial balance pdf
Enter the following transactions in the Journal and post them into ledger and from the information obtained prepare a Trail Balance. Trial Balance - Problems and Solutions. Record the following transactions in the Journal and post them into ledger and prepare a Trail Balance Oct 1 st: Neel started business with a capital of 80, 3 rd: Bought goods from Karl on credit 20, 4 th: Sold goods to Tarl 25, 5 th: Cash purchases 25, 7 th: Cash sales 15, 9 th: Goods retuned to Karl 2, 10 th: Bought furniture for 15, 11 th: Cash paid to Karl 12, 12 th: Goods returned by Tarl 3, 14 th: Goods taken by Neel for personal use 3, 15 th: Cash received from Tarl 12, 16 th: Took loan from Parl 30, 17 th: Salary paid 40 transactions with their journal entries ledger trial balance pdf, 18 th: Bought stationery for 1, 19 th: Amount paid to Parl on loan account 18, 20 th: Journal in the books of Mr.
Roy started business with 60, 11 th: Bought furniture from Modern Furniture for 10, 12 th: Purchased goods for cash 15, 13 th: Purchased goods from B. Opened a bank account by depositing 16, 16 th: Sold goods for cash 15, 17 th: Purchased stationery for from Bharat Stationery Mart 18 th: Sold goods to Zahir Khan for 10, 19 th: Bought machinery for 6, and payment made by cheque 20 th: Goods returned by Zahir Khan for 2, 21 st: Withdrew from bank for personal use 3, 23 rd: Interest paid through cheque 2, 24 th: Withdrew from bank for office expenses 10, 26 th: Cheque received from Zahir Khan 5, 27 th: Paid electricity bill for 29 th: Cash sales for 6, 40 transactions with their journal entries ledger trial balance pdf th: Commission received by cheque 5, Journal in the books of Mrs.
Neel, the proprietor as his capital contribution vide receipt no: Karl on credit vide bill no: Tarl on credit vide bill no: Karl vide bill no: Karl vide voucher no: Tarl vide bill no: Tarl vide voucher no: Parl as loan vide receipt no: Parl for repayment of loan vide voucher no: Roy, the proprietor as his capital contribution vide receipt no:
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