M/S Khanna Brothers is a renowned clothes manufacturer in Hyderabad.

Pass
journal entries for the following transactions made by M/S Khanna Brothers
during 2017-2018 and accordingly post them in ledger accounts:

December

Date Particulars Amount (Rs.)

December 01 Paid salaries 10000

December 02 Sold goods to manan traders on credit 5000

December 03 Goods returned by manan traders 2000

December 04 Purchased cotton cloth from sharma on credit 40000

December 05 Goods sold to ayush traders on credit 1100

December 06 Goods returned by ayush traders 4000

December 08 Goods sold to aman on credit 1000

December 10 Cotton cloth returned to sharma 800

December 11 Goods returned by Naman Traders 1000

December 12 Paid telephone bill 400

December 13 Goods sold to Curran on credit 700

December 14 Goods returned by curran 4000

December 15 electricity bill paid 2000

December 16 Paid internet bills 1000

January
January 01 Sold Goods to Raman Traders on credit 600

January 02 Goods returned by Raman traders 16800

January 03 Paid salaries 1200

January 04 Purchased linen cloth from gupta traders 8000

January 06 Linen cloth returned to gupta traders 1000

January 09 Paid telephone bill 1000

January 14 Sold goods to raj traders on credit 20000

January 16 Paid electricity bill 3000

January 18 Goods returned by raj traders 1000

January 20 Paid water bills 200

January 22 Sold goods to Mihir on credit 2000

January 22 Goods returned by Mihir 200

January 24 Paid internet bills 5000

January 26 Goods purchased by ajay trader 4000

January 30 Goods returned by ajay traders 400

February

February 02 Paid salaries 1500

February 04 Goods sold to Tanmay on credit 1000

February 08 Telephone Bills 1200

February 10 Goods returned by Tanmay 300

February 14 Purchased linen cloth from gupta traders 600

February 16 Paid electricity bill 2000

February 17 Linen cloth returned to gupta traders 400

February 18 Goods sold to Aditya on credit 10000

February 20 Repairs 300

February 22 Goods sold to eshan on credit 15000

February 23 Paid water bills 30000

February 24 Goods returned by eshan on credit 300

February 26 Goods sold to Tanmay 15000

February 27 Paid internet bills 400

February 28 Goods returned by Tanmay 1000

March

Nov 01 Salaries paid 4000

Nov 02 Goods sold to mohan on credit 10000

Nov 03 Goods sold to shivam traders on credit 15000

Nov 04 Goods returned by shivam traders 1000

Nov 05 Electricity bill 6000

Nov 06 Water bill 1400

Nov 07 Goods sold to abhishek traders on credit 6000

Nov 08 Goods returned by abhishek traders 10000

Nov 09 Cotton purchased from nitin on credit 400

Nov 14 Cotton returned by nitin 200

Nov 15 Carriage on goods 400

Nov 17 Goods sold to vijay traders 1400

Nov 18 Goods returned by vijay traders 300

Nov 20 Internet bills 3000

Nov 22 Telephone bill 800

April

April 01 Cash in hand 1,600

Bank balance 2,00,000

Debtors 20,500

Creditors 10,200

Opening Stock 28,800

April 03 Purchased building 25,00,000

April 04 Loan taken from bank 45,000

April 05 Paid Salaries 33,000

April 06 Cash Sales 2,500

April 07 Withdrawn from bank 3,650

April 10 Credit Sales 2,350

April 12 Deposited with the bank 6,500

April 13 Purchased Storage Shelves 18,000

April 15 Purchased 4 Almirahs @ Rs.3,400 each

April 17 Received a cheque from Creditors 5,000

April 18 Paid Electricity Bill 6,540

April 20 Purchased Furniture and Fittings 7,800

April 21 Purchased linen and cotton material 55,000

April 24 Paid Telephone Bills and Postage 2,330

April 26 Sold to Mr. Sharma at Credit 4,500

April 28 Old newspapers sold for Rs.360

April 29 Cash received from Mr. Sharma (advance payment)

50,000

May 02 Paid Salaries 33,000

May 03 Brought in additional capital 2,00,000

May 05 Bought Office Furniture 77,000

May 06 Received commission from Ramdas 5,400

May 08 Paid for advertisements 25,000

May 09 Purchased three air conditioners @ Rs.35,000 each

May 11 Gave Loan to Tridha Associates @10% of Rs.1,00,000

May 15 Paid Income Tax 30,000

May 16 Cash Sales 65,000

May 18 Sold shirts to Mr. Hari @ discount of 10% worth Rs.20,000

May 20 Paid Electricity Bill 10,500

May 24 Bank Charges 3,475

May 29 Withdrawn from bank 35,000

May 31 Purchased Investments 8,30,000

June

June 01 Salaries paid 2500

June 02 goods sold to Rahul 4000

June 03 Goods returned by Rahul 400

June 04 Carriage on goods 500

June 05 Telephone bill 500

June 06 Raw material Purchased 2000

June 07 Loan from bank 10000

June 08 Interest on account 4000

June 09 Discount 500

June 10 Carriage 200

June 11 Postage 500

June 12 Internet bills 2000

June 13 Water bill 900

June 14 goods sold to Sham 6000

June 15 Goods returned by sham 100

July 02 Paid Salaries 33,000

July 03 Goods sold to Ramji Traders 10,000

July 05 Manpower hired 15,000

July 08 Payment received from Malhotra 20,000

Textile Mill

July 10 Interest received from Tridha 1,667

Associates

July 13 Paid Electricity Bill 11,000

July 15 Selling of Old Stock at discounted rate 15,000

July 18 Carriage cost 300

July 20 Sold goods to Mohan & Sons 5,000

July 21 Cash given to Surya Traders 5,000

July 22 Telephone Bill 500

July 24 Shipping charges via waterways 1,000

July 25 Received cash from Anu Mills 2,500

July 26 Maintenance cost 2,000

July 28 Storage expenses 1,500

Aug 01 Cash deposited in Bank 5,000

Aug 02 Depreciation- Company Equipment 2,000

Aug 03 Paid Salaries 36,000

Aug 05 Goods sold to Bala & Sons 3,000

Aug 06 Equipments purchased 2,000

Aug 07 Transportation 500

Aug 10 Telephone Expenses 300

Aug 12 Raw material purchased 3,000

Aug 14 Electricity Bill 9,000

Aug 15 Bonus to workers 2,000

Aug 17 Factory Expense 2,000

Aug 20 Goods sold to Raman Firm 4,000

Aug 21 Interest on loan received 2,500

Aug 22 Withdrawal from bank 3,000

Aug 26 Cheque given to Nariman Company 2,000

Sep 02 Clothes sold to Mr. Ramesh 5,000

Sep 03 Paid Salaries 34,000

Sep 05 Purchased Silk Fabric 10,000

Sep 08 Billboards amount given 5,000

Sep 09 Goods sold to retail trader 7,000

Sep 12 Telephone Bill 400

Sep 13 Electricity Expenses 10,000

Sep 15 Stock Storage Expenses 1,000

Sep 17 Loss due to fire 7,000

Sep 20 Renovation Cost 10,000

Sep 22 Raw material purchase 4,000

Sep 25 New machine purchased 2,000

Sep 28 Restoration of damaged goods 3,000

Sep 29 Carriage cost 200

Sep 30 Goods sold 4,000

Oct 01 Paid Salaries 34,000

Oct 03 Interest received from Tridha

Associates

Oct 04 Sold goods to Raman Emporium 5,000

Oct 05 Cheque deposited in Bank 10,000

Oct 08 Electricity Bill 9,500

Oct 09 Telephone Bill 400

Oct 11 Maintenance cost 1,000

Oct 12 Transportation 300

Oct 15 Amount paid for advertisements 15,000

Oct 17 Payment received from Manohar mills 10,000

Oct 18 Purchase of Lenin 6,500

Oct 20 Goods sold to Mr. Ram 5,000

Oct 22 Amount received from Surya Traders 5,000

Oct 25 Cheque received from Nariman Company 1,000

Oct 27 Withdrawal from bank 10,000

Oct 28 Sale of Lenin shirts 12,000

Nov 01 Selling of Old Stock 6,000

Nov 02 Paid salaries 34,000

Nov 04 Interest on loan received 2,500

Nov 06 Goods sold to Murthy Sons 5,000

Nov 07 Telephone Bill 350

Nov 10 Cash given to Hansraj Traders 6,000

Nov 12 Electricity Bill 10,000

Nov 15 Cash deposited in Bank 7,000

Nov 17 Credit Sales 2,500

Nov 18 Sold shirts to Mr. Kumar 5,000

Nov 20 Amount received from Hansraj Traders 6,000

Nov 22 Carriage cost 350

Nov 25 Purchase of new package material 5,000

Nov 29 Sold old newspapers 500