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Pass Journal entries of M/s Bhanu Traders, Delhi from the following transactions. Post them to the Ledger: 2019 ₹ April 1 Commenced business with cash 1,50,000 April 2 Opened a bank account with PNB 50,000 April 3 Purchased furniture 20,000 April 7 Bought goods for cash from M/s. Rupa Traders, Delhi 30,000 April 8 Purchased goods from M/s. Hema Traders, Chandigarh 42,000 April 10 Cash sales 30,000 April 14 Sold goods on credit to M/s. Gupta Traders, Kolkata 12,000 April 16 Rent paid 4,000 April 18 Paid Electricity expenses 1,000 April 20 Received cash from Gupta Traders 12,000 April 22 Goods returned to Hema Traders 2,000 April 23 Cash paid to Hema Traders 40,000 April 25 Bought postage stamps 100 April 30 Paid salary to Mohan 4,000

Answer» Pass Journal entries of M/s Bhanu Traders, Delhi from the following transactions. Post them to the Ledger:




















































































2019
April 1 Commenced business with cash 1,50,000
April 2 Opened a bank account with PNB 50,000
April 3 Purchased furniture 20,000
April 7 Bought goods for cash from M/s. Rupa Traders, Delhi 30,000
April 8 Purchased goods from M/s. Hema Traders, Chandigarh 42,000
April 10 Cash sales 30,000
April 14 Sold goods on credit to M/s. Gupta Traders, Kolkata 12,000
April 16 Rent paid 4,000
April 18 Paid Electricity expenses 1,000
April 20 Received cash from Gupta Traders 12,000
April 22 Goods returned to Hema Traders 2,000
April 23 Cash paid to Hema Traders 40,000
April 25 Bought postage stamps 100
April 30 Paid salary to Mohan 4,000


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