Question - 01
From the following transactions prepare journal, ledger and trial balance in the books of Abinav Kumar:
2000
Jan. 01 Started business with cash Rs. 40,000
Jan. 03 Goods purchased Rs. 5,000
Jan. 04 Deposited into bank Rs. 6,000
Jan. 05 Goods sold Rs. 2,000
Jan. 08 GOods sold to Sonu Rs. 1,000
Jan. 10 Machinery Purchased Rs. 4,000
Jan. 12 Received from Sonu in full Settlement Rs. 950
Jan. 15 Goods purchased from Khushbu Rs. 1,200
Jan. 18 Withdrew from Bank Rs. 500
Jan. 20 Withdrew for personal use (Cash) Rs. 1,000
Jan. 20 Withdrew for Personal use (Goods) Rs. 400
Jan. 25 Paid to Khushbu in full Settlement Rs. 1,180
Jan. 28 Goods sold to Sonu Rs. 400
Jan. 31 Rent paid Rs. 600
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