Problem- Accounts Only

Apollo Pharmacy maintaining accounts for the financial year 1/4/17

1) Opening balance:
Cash Rs.50,000
Capital Rs.1,50,000
Furniture and fixture Rs.1,00,000

2) Taken loan from SBI Rs.1,50,000 and deposited in SB a/c

3) Purchased goods from Raikar suppliers worth Rs.50,000 on credit Bill No. PUR-1 ,
due days:3 months
4) Purchased medicines from Pharmacy Salcete by SBI Cheque No.: 100001 worth
Rs.20,000.
5) Sold medicines to Medicines World worth Rs.30,000 on credit Invoice No. SALE-1.
Due days:80 days.
6) Sold medicines worth Rs.10,000 to Molio Pharmacy and received Rs.5000 as
advance. Invoice No.SALE-2.
7) Paid electricity bill Rs.500 and water bill Rs.300 by Cheque No.:100002
8) Paid salary Rs.3000 to Office staff and Rs.3000 to delivery boy.
9) Purchased scooter worth Rs.60,000 from Arun Vehicle Suppliers on credit (bill not
received)
10) Received commission by cash Rs.20,000.
11) Paid for Coolie charges Rs.500, Freight Rs.1000 by cash.
12) Molio Pharmacy returned goods worth Rs.2000 against the bill SALE-2 and paid
amount in full settlemet.
13) Returned goods worth Rs.2000 to Raikar supplier and paid 50% by bank.
14) Paid for packing and forwarding Rs.200 by cash.
15) Purchased computer worth Rs.30,000 from Dell Computers on credit along with
installation charges Rs.5000, Invoice No. COM-1, due days: 3 weeks.
16) Closing stock worth Rs.15,000 as on 31/3/18