Prepare the journal, ledger and trial balance for m/s Kumar & sons. 2020, Jan 2: Kumar and

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Prepare the journal, ledger and trial balance for m/s Kumar & sons.

2020, Jan 2: Kumar and sons started business with rs 95000

Jan 3: purchasing goods rs 12000

Jan4: sold goods to ram group rs 8000

Jan 5: Rk group sold goods to Kumar and sons rs 2000

Jan 11: goods returned by ram group rs 350

Jan12: electricity bill paid by cheque rs 900

Jan20: paid rs 11500 by RTGS. discount received rs 500

Jan24: charity rs 800

Posted Date: May 11, 2024 02:17 AM

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Prepare the journal, ledger and trial balance for m/s Kumar & sons. 2020, Jan 2: Kumar and

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Answer Jan 2 Kumar and Sons started business with Rs 95000 Debit CashBank Rs 95000 Credit Capital Account Rs 95000 Jan 3 Purchased goods Rs 12000 Debi... View the full answer

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