Question

The following balances of ledger of M/s Marble Traders on April 1, 2011

$\begin{array}{cc}& \text{Rs}\\ \text{Cash in hand}& 6,000\\ \text{Cash at bank}& 12,000\\ \text{Bills receivable}& 7,000\\ \text{Ramesh (Cr)}& 3,000\\ \text{Stock (Goods)}& 5,400\\ \text{Bills payable}& 2,000\\ \text{Rahul (Dr)}& 9,700\\ \text{Himanshu (Dr)}& 10,000\end{array}$

Transactions during the month were

$\begin{array}{ccc}\text{April}& & \text{Rs}\\ 01& \text{Goods sold to Manish}& 3,000\\ 02& \text{Purchased goods from Ramesh}& 8,000\\ 03& \text{Received cash from Rahul in full settlement}& 9,200\\ 05& \text{Cash received from Himanshu on account}& 4,000\\ 06& \text{Paid to Ramesh by cheque}& 6,000\\ 08& \text{Rent paid by cheque}& 1,200\\ 10& \text{Cash received from Manish}& 3,000\\ 12& \text{Cash sales}& 6,000\\ 14& \text{Goods returned to Ramesh}& 1,000\\ 15& \text{Cash paid to Ramesh in full settlement}& 3,700\\ & \text{Discount received}& 300\\ 18& \text{Goods sold to Kushal}& 10,000\\ 20& \text{Paid trade expenses}& 200\\ 21& \text{Drew for personal use}& 1,000\\ 22& \text{Goods return from Kushal}& 1,200\\ 24& \text{Cash received from Kushal}& 6,000\\ 26& \text{Paid for stationery}& 100\\ 27& \text{Postage charges}& 60\\ 28& \text{Salary Paid}& 2,500\\ 29& \text{Goods purchased from Sheetal Traders}& 7,000\\ 30& \text{Sold goods to Kirit}& 6,000\\ & \text{Goods purchased from Handa Traders}& 5,000\end{array}$

Journalise the above transactions and post them to the ledger.

Answer 1