Prepare General Journal, Ledger and Trail balance from data given below On April 01, 1 st January, 2017, Saeed Ahmad started business other transactions for the month of June as follows: 02. Purchased from Kareem goods of list price of Rs. 6,000 subject to 10% trade discount by cash. 04. Sold goods to Din Muhammad Rs. 800 and cash sales of Rs. 200. 10. Distributed goods worth Rs. 200 as free samples and goods taken away by the proprietor for personal use Rs. 100. 12. Received discount Rs 20 and Commission Rs 500. 17. Goods returned by Din Muhammad Rs. 200 and payment other outstanding amount. 24. Furniture lost by fire of worth Rs. 500. 30. Bad Debts during the period was Rs.100.
Prepare General Journal, Ledger and Trail balance from data given below On April 01, 1 st January, 2017, Saeed Ahmad started business other transactions for the month of June as follows: 02. Purchased from Kareem goods of list price of Rs. 6,000 subject to 10% trade discount by cash. 04. Sold goods to Din Muhammad Rs. 800 and cash sales of Rs. 200. 10. Distributed goods worth Rs. 200 as free samples and goods taken away by the proprietor for personal use Rs. 100. 12. Received discount Rs 20 and Commission Rs 500. 17. Goods returned by Din Muhammad Rs. 200 and payment other outstanding amount. 24. Furniture lost by fire of worth Rs. 500. 30. Bad Debts during the period was Rs.100.
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter10: Accounting For Sales And Cash Receipts
Section: Chapter Questions
Problem 2CE: Prepare journal entries for the following sales and cash receipts transactions. (a) Merchandise is...
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Prepare General Journal, Ledger and Trail balance from data given below On April 01, 1 st January, 2017, Saeed Ahmad started business other transactions for the month of June as follows: 02. Purchased from Kareem goods of list price of Rs. 6,000 subject to 10% trade discount by cash. 04. Sold goods to Din Muhammad Rs. 800 and cash sales of Rs. 200. 10.
Distributed goods worth Rs. 200 as free samples and goods taken away by the proprietor for personal use Rs. 100. 12. Received discount Rs 20 and Commission Rs 500. 17. Goods returned by Din Muhammad Rs. 200
and payment other outstanding amount. 24. Furniture lost by fire of worth Rs. 500. 30. Bad Debts during the period was Rs.100.
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