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Following balances appeared in the books of Ashok, Delhi on 1st April, 2025: Assets: Cash ₹50,000; Stock ₹30,000; Debtors ??? Ram ₹50,000; Machinery ₹60,000. Liabilities: Creditor ??? Rajesh ₹30,000.

Pass Journal entries for the following transactions, post them into the Ledger and prepare the Trial Balance on 30th April, 2025.

2025	Transaction	₹
Apr. 1	Opening entry (Capital = Assets ??? Liabilities = ₹1,60,000)	???
Apr. 4	Sold goods for cash	7,000
Apr. 6	Goods returned by Ram	1,000
Apr. 10	Purchased goods from Rajesh (net of trade discount)	9,000
Apr. 15	Bought goods from Rakesh (list ₹15,000 less 10% TD); paid 40% net of 5% cash discount	13,500
Apr. 20	Paid to Rajesh in full settlement; discount received ₹400	38,600
Apr. 25	Paid life insurance premium of proprietor (Drawings)	500
Apr. 30	Received commission	2,000

Journal

Date	Particulars	Dr. (₹)	Cr. (₹)
Apr.01	Cash A/c Dr.	50,000
	Stock A/c Dr.	30,000
	Ram A/c Dr.	50,000
	Machinery A/c Dr.	60,000
	To Rajesh A/c		30,000
	To Capital A/c		160,000
	(Opening entry ??? Balance b/f)
Apr.04	Cash A/c Dr.	7,000
	To Sales A/c		7,000
	(Goods sold for cash)
Apr.06	Sales Return A/c Dr.	1,000
	To Ram A/c		1,000
	(Goods returned by Ram)
Apr.10	Purchases A/c Dr.	9,000
	To Rajesh A/c		9,000
	(Goods purchased from Rajesh)
Apr.15	Purchases A/c Dr.	13,500
	To Rakesh A/c		8,100
	To Cash A/c		5,130
	To Discount Received A/c		270
	(Purchased from Rakesh; 10% TD on list price; 40% paid immediately with 5% cash discount)
Apr.20	Rajesh A/c Dr.	39,000
	To Cash A/c		38,600
	To Discount Received A/c		400
	(Paid Rajesh in full settlement)
Apr.25	Drawings A/c Dr.	500
	To Cash A/c		500
	(Life insurance premium paid (Drawings))
Apr.30	Cash A/c Dr.	2,000
	To Commission A/c		2,000
	(Commission received)

Ledger

Cash Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.01	Balance b/d		50,000	Apr.15	Purchases A/c		5,130
Apr.04	Sales A/c		7,000	Apr.20	Rajesh A/c		38,600
Apr.30	Commission A/c		2,000	Apr.25	Drawings A/c		500
				Apr.30	Balance c/d		14,770
	Total		59,000		Total		59,000
May.01	Balance b/d		14,770

Capital Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.30	Balance c/d		1,60,000	Apr.01	Balance b/d		1,60,000
	Total		1,60,000		Total		1,60,000
				May.01	Balance b/d		1,60,000

Stock Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.01	Balance b/d		30,000	Apr.30	Balance c/d		30,000
	Total		30,000		Total		30,000
May.01	Balance b/d		30,000

Ram Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.01	Balance b/d		50,000	Apr.06	Sales Return A/c		1,000
				Apr.30	Balance c/d		49,000
	Total		50,000		Total		50,000
May.01	Balance b/d		49,000

Machinery Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.01	Balance b/d		60,000	Apr.30	Balance c/d		60,000
	Total		60,000		Total		60,000
May.01	Balance b/d		60,000

Rajesh Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.20	Cash A/c		38,600	Apr.01	Balance b/d		30,000
Apr.20	Discount Received A/c		400	Apr.10	Purchases A/c		9,000
	Total		39,000		Total		39,000

Sales Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.30	Balance c/d		7,000	Apr.04	Cash A/c		7,000
	Total		7,000		Total		7,000
				May.01	Balance b/d		7,000

Sales Return Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.06	Ram A/c		1,000	Apr.30	Balance c/d		1,000
	Total		1,000		Total		1,000
May.01	Balance b/d		1,000

Purchases Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.10	Rajesh A/c		9,000	Apr.30	Balance c/d		22,500
Apr.15	Rakesh A/c		8,100
Apr.15	Cash A/c		5,130
Apr.15	Discount Received A/c		270
	Total		22,500		Total		22,500
May.01	Balance b/d		22,500

Rakesh Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.30	Balance c/d		8,100	Apr.15	Purchases A/c		8,100
	Total		8,100		Total		8,100
				May.01	Balance b/d		8,100

Discount Received Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.30	Balance c/d		670	Apr.15	Purchases A/c		270
				Apr.20	Rajesh A/c		400
	Total		670		Total		670
				May.01	Balance b/d		670

Drawings Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.25	Cash A/c		500	Apr.30	Balance c/d		500
	Total		500		Total		500
May.01	Balance b/d		500

Commission Account

Dr.				Cr.
Date	Particulars	J.F.	Amt.(₹)	Date	Particulars	J.F.	Amt.(₹)
Apr.30	Balance c/d		2,000	Apr.30	Cash A/c		2,000
	Total		2,000		Total		2,000
				May.01	Balance b/d		2,000

Trial Balance as on 30th April, 2025

Trial Balance as on 30th April 2025

S.No.	Account Name	Dr. (₹)	Cr. (₹)
1	Cash A/c	14,770
2	Capital A/c		1,60,000
3	Rakesh A/c		8,100
4	Stock A/c	30,000
5	Ram A/c	49,000
6	Machinery A/c	60,000
7	Sales Return A/c	1,000
8	Drawings A/c	500
9	Commission A/c		2,000
10	Discount Received A/c		670
11	Purchases A/c	22,500
12	Sales A/c		7,000
	Total	1,77,770	1,77,770