Enter the following transactions of Narayana in the proper books of original entry, post them into the ledger, balance the accounts and extract a Trial Balance as on Mar 31, 2009.
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2009 |
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Mar 1 |
Cash in hand Rs 300; Cash at Bank Rs 10,000; Stock Rs 7,500; Debtors: Sekhar Rs 2,250, Parul Rs 3,100, Renu Rs 4,200; Furniture Rs 2,700; Computers Rs 29,250; Creditors: Shree Rs 2,400, Raj Rs 3,400 |
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Mar 2 |
Paid wages Rs 600 |
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Mar 3 |
Cash sales Rs 840 |
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Mar 4 |
Withdrawn from Bank Rs 1,250 |
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Mar 5 |
Sold to Rao 15 pieces of T Shirts @ Rs 100 per T Shirt |
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Mar 6 |
Purchased 80 pieces of T Shirts @ Rs 70 per T Shirt |
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Mar 7 |
Purchased a computer table for Rs 2,900 from Royal and Co. |
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Mar 8 |
Cash sales Rs 11,000 |
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Mar 9 |
Deposited with Bank Rs 2,800 |
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Mar 10 |
Received a cheque from Rao Rs 1,100 |
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Mar 11 |
Renu pays a cheque Rs 4,000 in full settlement of her account |
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Mar 12 |
Paid to Shree Rs 1,200; Discount received Rs 20 |
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Mar 13 |
Loan from Bank Rs 20,000 |
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Mar 14 |
Purchased from Khuber 40 T Shirts @ Rs 75 each; 50 pieces of casual wears @ Rs 125 each. Trade discount 25% |
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Mar 15 |
Purchased from Krishna Mart: 50 jeans @ Rs 120 each; 100 banians @ Rs 25 each. Trade discount 10% |
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Mar 16 |
Sold to Meena Enterprises: 40 jeans @ Rs 200 each; 50 banians @ Rs 45 each. Trade discount 10% |
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Mar 17 |
Paid Krishna Mart Rs 6,000 by cheque and Rs 1,000 cash |
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Mar 18 |
Paid Electricity bills Rs 750; Mobile recharges Rs 285 |
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Mar 19 |
Sekhar pays Rs 1,600; Discount allowed Rs 25 |
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Mar 20 |
Parul settles her account by cheque Rs 3,000 |
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Mar 21 |
Paid to Raj by cheque Rs 2,250; Discount received Rs 45 |
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Mar 22 |
Cash withdrawn for physician consultation Rs 600 |
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Mar 23 |
Old newspapers sold for Rs 75 |
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Mar 24 |
Sold to Ravi & Co. 10 T Shirts @ Rs 100 each; 5 pieces of casual wears @ Rs 200 each. Trade discount 10% |
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Mar 25 |
Received acceptance from Ravi & Co. for Rs 1,250 |
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Mar 26 |
Goods returned to Khuber Rs 275 |
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Mar 27 |
Sales returns from Meena Enterprises Rs 700 |
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Mar 28 |
Cheque received from Parul returned dishonoured. Parul found insolvent. Only 50% recovered. |