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Ledger 9.11

Unsolved Question

1. Enter the following transactions in the Journal of M/s. Karim Bros., post to the Ledger and
prepare a Trial Balance:
2024 `
April 1 Assets: Cash in Hand ......................................................................................................................................... 20,000
Cash at Bank .......................................................................................................................................... 35,000
Stock ......................................................................................................................................................... 15,000
Furniture ................................................................................................................................................. 4,500
Debtors: Poonam ................................................................................................................................................... 20,000
Sonu ......................................................................................................................................................... 10,000
Liabilities: Ashok ....................................................................................................................................................... 13,500
Pankaj ....................................................................................................................................................... 21,500
April 4 Purchased goods from Pankaj ...................................................................................................................................... 5,000
April 7 Paid Ashok by cheque in full settlement of his account ...................................................................................... 13,000
April 10 Sold goods to Poonam .................................................................................................................................................... 11,000
April 12 Purchased goods from Ashok ....................................................................................................................................... 15,000
April 15 Sold goods to Sonu ........................................................................................................................................................... 6,000

April 18 Received cheque from Poonam ................................................................................................................................... 24,500
Allowed her discount ....................................................................................................................................................... 1,500
April 25 Paid for stationery.............................................................................................................................................................. 1,200
April 27 Paid rent by cheque .......................................................................................................................................................... 3,500
April 30 Paid salaries .......................................................................................................................................................................... 6,000
[Ans.: Trial Balance—` 1,28,500.]