Please answer. Questions for 50 Points.
Enter the following transactions in the proper subsidiary books of Mr. Navin, post them in the ledger accounts and balance the accounts.
April 4 Bought goods from Vijay worth Rs. 2000/- at 5% trade discount
5 Ram sold goods to Navin Rs. 1500/-
6 Returned goods of Rs. 95/- to Vijay
9 Received goods from Vijay in exchange of those returned on 6th
10 Narayan purchased goods from Navin Rs. 500/-
18 Navin received goods returned by Narayan Rs. 50/
22 Paid cash Rs. 900/- and returned goods of Rs. 100/- to Ram
27 Ram informed Navin to transfer Rs. 100/- from his account to Narayan’s a/c.
27 Paid cash Rs. 200/- to Madhav on behalf of Ram according to his instructions
30 Narayan paid office rent of Rs. 150/- and balance due from him in cash.
Enter the following transactions in the proper subsidiary books of Mr. Navin, post them in the ledger accounts and balance the accounts.
April 4 Bought goods from Vijay worth Rs. 2000/- at 5% trade discount
5 Ram sold goods to Navin Rs. 1500/-
6 Returned goods of Rs. 95/- to Vijay
9 Received goods from Vijay in exchange of those returned on 6th
10 Narayan purchased goods from Navin Rs. 500/-
18 Navin received goods returned by Narayan Rs. 50/
22 Paid cash Rs. 900/- and returned goods of Rs. 100/- to Ram
27 Ram informed Navin to transfer Rs. 100/- from his account to Narayan’s a/c.
27 Paid cash Rs. 200/- to Madhav on behalf of Ram according to his instructions
30 Narayan paid office rent of Rs. 150/- and balance due from him in cash.
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Textbook Solutions Class 11 Accountancy Books Of Original Entry Journal
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