, Dec. Drew cash for personal use Dec. Cash sales , Dec. Goods sold to M/s Rupak Traders , Solution Books of Time Zone Journal L.F.
Debit Credit Dec. Cash A/c , , To Capital A/c , , ( Business started with cash) Bank A/c , To Cash A/c , (Opened a current account with ICICI bank) Purchases A/c , To Cash A/c , (Goods purchased for cash) Total c/f , , , , Total b/f , , , , Cartage A/c To Cash A/c (Cartage paid) Lara India A/c , To Sales A/c , (Goods sold on credit) Cash A/c To Lara India A/c (Cash received from Lara India) Sales Return A/c , To Lara India A/c , (Goods returned from Lara India) Trade Expenses A/c To Cash A/c (Trade expenses paid) Purchases A/c , To Tranum’s A/c , (Goods purchased on credit) Bank A/c , Discount A/c To Lara India A/c , (Cheque received for final settlement) Taranum’s A/c , To Purchase Return’s A/c , (Goods returned to Tranum) Stationery A/c , To Cash A/c , (Cash paid for stationery) Taranum’s A/c To Bank A/c (Cheque given to Tranum) Rent A/c , To Bank A/c , (Rent paid by cheque) Drawings A/c To Cash A/c (Cash withdrawn for personal use) Cash A/c , To Sales A/c , (Goods sold for cash) Rupak Trader A/c , To Sales A/c , (Goods sold on credit) Total , , , , Posting in the Ledger Book : Cash Account Dec. , , Dec. Bank , Dec.
Lara India Dec. Purchase , Dec. Sales , Dec. Cartage Dec.
Trade Expenses Dec. . Stationery , Dec. Drawings , Capital Account Dec.
, , Bank Account Dec. , Dec. Taranum’s Dec. Lara India , Dec.
Rent , Purchases Account Dec. , Dec. Taranum , Cartage Account Dec. Lara India Account Dec.
Sales , Dec. Dec. Sales return , Dec. Bank ,