Exercise 1

Date Statement/Particulars Amount Entry

01/04/2017 Siyaram started Business with Cash 50,000/- F6
02/04/2017 Purchased goods from cash 20,000/- F9
04/04/2017 Purchased goods from Subhash 12,000/- F9
05/04/2017 Purchased furniture for cash 6000/- F5
07/04/2017 Sold goods for cash 13,000/- F8
09/04/2017 Sold goods to Mahesh 15,000/- F8
10/04/2017 Paid cash to Suresh 8000/- F5
12/04/2017 Received cash from Mahesh 10,000/- F6
16/04/2017 Purchased goods from Ravi for cash 7500/- F9
17/04/2017 Purchased goods from Ravi 5000/- F9
18/04/2017 Sold goods to Suresh 12,600/- F8
20/04/2017 Sold goods from Suresh 7000/- F8
24/04/2017 Withdraw cash from Bank 2500/- F4
27/04/2017 Paid rent 1000/- F5
28/04/2017 Paid wages 500/- F5
29/04/2017 Paid salary 5000/- F5
30/04/2017 Received commission 500/- F6
01/05/2017 Paid cash to Mahesh 9600/- F5
And Discount allowed by him 400/-
05/05/2017 Received cash from Arun 4900/- F6
And Discount allowed to him 100/-
10/05/2017 Goods sold to Mahesh 30,000/- F8
12/05/2017 Mahesh return goods 2000/- Ctrl+F8
14/05/2017 Received cash from Mahesh 27,500/- F6
And Discount allowed to him 500/-
15/05/2017 Sold goods to Gopal at list price 60,000/- F8
TD (Trade Discount) 15%
CD (Cash Discount) 5%