From the following transactions prepare Raja-s A - c in the books of Ravi- 2011 1 Raja-s A-c shows Debit balance Rs 1-550 in the books of Ravi-Jan2 Sold goods to Raja Rs 2-000 at 5 - T-D-5 Received cash from Raja Rs 500 -8 Returned goods from Raja Rs 700 -31 Received Rs 2-000 from Raja in full settlement of his account-

In the Books of Ravi Raja rsquo;s Account Dr. Cr. Date Particulars J.F. ...

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Question

From the following transactions prepare Raja’s A/c in the books of Ravi.

2011 Jan

1

Raja‘s A/c shows Debit balance Rs 1,550 in the books of Ravi.

2

Sold goods to Raja Rs 2,000 at 5% T.D.

5

Received cash from Raja Rs 500.

8

Returned goods from Raja Rs 700.

31

Received Rs 2,000 from Raja in full settlement of his account.

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2011 Jan	1	Raja‘s A/c shows Debit balance Rs 1,550 in the books of Ravi.
	2	Sold goods to Raja Rs 2,000 at 5% T.D.
	5	Received cash from Raja Rs 500.
	8	Returned goods from Raja Rs 700.
	31	Received Rs 2,000 from Raja in full settlement of his account.

Raja’s Account
Dr.	Cr.
Date		Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
Jan 2011					Jan 2011
1		Balance b/d		1,550	5	Cash A/c		500
2		Sales A/c		1,900	8	Sales Returns A/c		700
					31	Cash A/c		2,000
					31	Discount Allowed A/c (balancing figure)		250
				3,450				3,450