Question

$\begin{array}{ccc}2010& & \left(Rs\right)\\ \text{Jan 1}& \text{Commenced business with cash}& 1,75,000\\ \text{Jan 1}& \text{Building}& 1,00,000\\ \text{Jan 2}& \text{Goods Purchased for cash}& 75,000\\ \text{Jan 3}& \text{Sold goods to Ramesh}& 30,000\\ \text{Jan 4}& \text{Paid Wages}& 500\\ \text{Jan 6}& \text{Sold goods for cash}& 10,000\\ \text{Jan 10}& \text{Paid for trade expenses}& 700\\ \text{Jan 12}& \text{Cash received from Ramesh}& 29,500\\ & \text{Discount allowed}& 500\\ \text{Jan 14}& \text{Goods purchased for Sudhir}& 27,000\\ \text{Jan 18}& \text{Cartage paid}& 1,000\\ \text{Jan 20}& \text{Drew cash for personal use}& 5,000\\ \text{Jan 22}& \text{Goods use for household}& 2,000\\ \text{Jan 25}& \text{Cash paid to Sudhir}& 26,700\\ & \text{Discount allowed}& 300\end{array}$

Answer 1