B.B.A question paper

Ashim started a business on 1st April, 2022, with Machinery of ₹ 10,00,000, Furniture of ₹ 2,50,000 and cash ₹ 2,50,000.

Prepare the Ledger Accounts and balance them:

Date (2022)	Particulars	Amount (₹)
April 1	Purchased goods for cash from Raman	1,37,500
April 4	Purchased goods from Naresh	1,00,000
April 6	Sold goods to Gupta & Co. for cash	1,75,000
April 12	Cash deposited in bank	2,00,000
April 14	Purchased machinery by cheque	25,000
April 15	Sold goods to Garg Bros.	75,000
April 16	Returned goods to Naresh (not being as per specifications)	5,000
April 18	Paid to Naresh by cheque	50,000
April 20	Withdrawn from bank for personal use	25,000
April 25	Received cheque from Garg Bros. and deposited in bank	50,000
April 28	Paid salaries to staff for the month of April	25,000
April 28	Bank advises cheque of Garg Bros. returned unpaid	1,000
April 30	Received bank interest	2,500
April 30	Purchased stationery for cash	1,500
April 30	Rebate allowed to Garg Bros. for defects in goods supplied to them	1,500