Journalise the following transaction in the books of Govind. Post them in the ledger and balance the various accounts opened in the ledger.
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2009 |
Apr 1 |
Govind commenced business with the following assets and liabilities. |
|
Cash |
Rs 1,00,000 |
|
|
Stock |
Rs 75,000 |
|
|
Machinery |
Rs 90,000 |
|
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Furniture |
Rs 5,000 |
|
|
Creditors |
Rs 1,00,000 |
|
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Apr 4 |
Sold goods to Kamal Rs 1,15,000. |
|
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Apr 7 |
Bought goods from Ajay Rs 75,000. |
|
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Apr 9 |
Paid to Ajay Rs 50,000 on account. |
|
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Apr 11 |
Withdraw cash for personal use Rs 3,500. |
|
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Apr 13 |
Received Commission Rs 6,000. |
|
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Apr 15 |
Furniture purchased Rs 9,000. |
|
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Apr 17 |
Brought in additional capital Rs 25,000. |
|
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Apr 18 |
Issued a cheque for rent Rs 6,000. |
|
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Apr 19 |
Drew from bank for personal use Rs 4,000. |
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Apr 21 |
Paid life insurance premium Rs 1,327. |