Financial AccountingTU Board 2020
Mr. Raj started business from Baishak 2075. He had given following information of business for the month. 1, Baishakh, started business in cash Rs. 3,00,000 and computer Rs. 50,000. 3, Baishakh,…
10Mr. Raj started business from Baishak 2075. He had given following information of business for the month. 1, Baishakh, started business in cash Rs. 3,00,000 and computer Rs. 50,000. 3, Baishakh, Purchased goods on cash Rs. 1,00,000 and credit Rs.1,00,000 from Thapa supplier. 4, Baishakh, Opened bank account at Prime Commercial Bank Rs. 90,000. 5, Baishakh, goods sold on Cash Rs.50,000 and on credit to Shrestha Rs. 30,000. 10 Baishakh, Goods purchased at Rs. 60,000 on credit from Thapa supplier. 15, Baishakh, Cash received from Shrestha Rs. 28,500 as full settlements. 22, Baishakh, Cash paid to Thapa supplier Rs. 98,000 and discount received Rs.2000. 24, Baishakh, Goods purchased from Nepal suppliers at Rs. 50,000, partial payment made by Cheque Rs. 20,000. 29, Baishakh, Electricity bill Rs. 3,000 and house rent Rs. 10,000 paid by issue of Cheques and salary Rs. 7,000 in cash. Required: Journalized the above transactions and prepared ledger account of purchase, and Thapa supplier.
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