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5). From the information given below, prepare the account of K. Dhall as it would appear in the Ledger of S. Uppal, a sole trader, for the month of March, 2009: 2009 Mar 1. Balance due from K. DhallRs. 1,600. Mar 5. Sold to Dhall, goods to the value of Rs. 3,000 less 33 1/3 % trade discount. Mar 8. Dhall returned goods catalogued at Rs. 420. Mar 15.Dhall paid the balance due on 1st March, less 5% cash , 2009?
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5). From the information given below, prepare the account of K. Dhall ...
Account of K. Dhall in the Ledger of S. Uppal for the month of March, 2009:
1. Opening Balance:
- On March 1, 2009, K. Dhall had a balance due of Rs. 1,600.
2. Goods Sold to Dhall:
- On March 5, 2009, S. Uppal sold goods to K. Dhall totaling Rs. 3,000.
- A trade discount of 33 1/3% was given on the goods sold.
3. Goods Returned by Dhall:
- On March 8, 2009, Dhall returned goods to S. Uppal.
- The returned goods were cataloged at Rs. 420.
4. Payment by Dhall:
- On March 15, 2009, K. Dhall made a payment towards the balance due on March 1.
- The payment was made in cash and a 5% cash discount was given.
Calculation of Account:
Opening Balance: Rs. 1,600
Goods Sold: Rs. 3,000
Trade Discount: Rs. (3,000 x 33 1/3%) = Rs. 1,000
Goods Returned: Rs. 420
Payment: Rs. (1,600 - 5%) = Rs. 1,520
Account Summary:
Date | Particulars | Amount (Rs.)
----------------------------------------------------------------------------------------
Mar 1, 2009 | Balance b/d | 1,600
Mar 5, 2009 | Sales to Dhall | 3,000
Mar 8, 2009 | Goods returned by Dhall | (420)
Mar 15, 2009 | Payment by Dhall | (1,520)
----------------------------------------------------------------------------------------
Balance: Rs. 1,660 (1,600 + 3,000 - 420 - 1,520)
Explanation:
- The account of K. Dhall is being prepared in the Ledger of S. Uppal, a sole trader, for the month of March, 2009.
- The opening balance of K. Dhall on March 1, 2009, was Rs. 1,600, which means that K. Dhall had a pending payment of Rs. 1,600 from previous transactions.
- On March 5, 2009, S. Uppal sold goods worth Rs. 3,000 to K. Dhall. A trade discount of 33 1/3% was given on the goods, which amounts to Rs. 1,000 (33 1/3% of Rs. 3,000).
- On March 8, 2009, K. Dhall returned goods worth Rs. 420 to S. Uppal.
- On March 15, 2009, K. Dhall made a payment towards the balance due on March 1. A cash discount of 5% was given on the payment made.
- The final balance in the account of K. Dhall for the month of March, 2009, is Rs
1. Opening Balance:
- On March 1, 2009, K. Dhall had a balance due of Rs. 1,600.
2. Goods Sold to Dhall:
- On March 5, 2009, S. Uppal sold goods to K. Dhall totaling Rs. 3,000.
- A trade discount of 33 1/3% was given on the goods sold.
3. Goods Returned by Dhall:
- On March 8, 2009, Dhall returned goods to S. Uppal.
- The returned goods were cataloged at Rs. 420.
4. Payment by Dhall:
- On March 15, 2009, K. Dhall made a payment towards the balance due on March 1.
- The payment was made in cash and a 5% cash discount was given.
Calculation of Account:
Opening Balance: Rs. 1,600
Goods Sold: Rs. 3,000
Trade Discount: Rs. (3,000 x 33 1/3%) = Rs. 1,000
Goods Returned: Rs. 420
Payment: Rs. (1,600 - 5%) = Rs. 1,520
Account Summary:
Date | Particulars | Amount (Rs.)
----------------------------------------------------------------------------------------
Mar 1, 2009 | Balance b/d | 1,600
Mar 5, 2009 | Sales to Dhall | 3,000
Mar 8, 2009 | Goods returned by Dhall | (420)
Mar 15, 2009 | Payment by Dhall | (1,520)
----------------------------------------------------------------------------------------
Balance: Rs. 1,660 (1,600 + 3,000 - 420 - 1,520)
Explanation:
- The account of K. Dhall is being prepared in the Ledger of S. Uppal, a sole trader, for the month of March, 2009.
- The opening balance of K. Dhall on March 1, 2009, was Rs. 1,600, which means that K. Dhall had a pending payment of Rs. 1,600 from previous transactions.
- On March 5, 2009, S. Uppal sold goods worth Rs. 3,000 to K. Dhall. A trade discount of 33 1/3% was given on the goods, which amounts to Rs. 1,000 (33 1/3% of Rs. 3,000).
- On March 8, 2009, K. Dhall returned goods worth Rs. 420 to S. Uppal.
- On March 15, 2009, K. Dhall made a payment towards the balance due on March 1. A cash discount of 5% was given on the payment made.
- The final balance in the account of K. Dhall for the month of March, 2009, is Rs
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5). From the information given below, prepare the account of K. Dhall ...
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5). From the information given below, prepare the account of K. Dhall as it would appear in the Ledger of S. Uppal, a sole trader, for the month of March, 2009: 2009 Mar 1. Balance due from K. DhallRs. 1,600. Mar 5. Sold to Dhall, goods to the value of Rs. 3,000 less 33 1/3 % trade discount. Mar 8. Dhall returned goods catalogued at Rs. 420. Mar 15.Dhall paid the balance due on 1st March, less 5% cash , 2009?
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5). From the information given below, prepare the account of K. Dhall as it would appear in the Ledger of S. Uppal, a sole trader, for the month of March, 2009: 2009 Mar 1. Balance due from K. DhallRs. 1,600. Mar 5. Sold to Dhall, goods to the value of Rs. 3,000 less 33 1/3 % trade discount. Mar 8. Dhall returned goods catalogued at Rs. 420. Mar 15.Dhall paid the balance due on 1st March, less 5% cash , 2009? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about 5). From the information given below, prepare the account of K. Dhall as it would appear in the Ledger of S. Uppal, a sole trader, for the month of March, 2009: 2009 Mar 1. Balance due from K. DhallRs. 1,600. Mar 5. Sold to Dhall, goods to the value of Rs. 3,000 less 33 1/3 % trade discount. Mar 8. Dhall returned goods catalogued at Rs. 420. Mar 15.Dhall paid the balance due on 1st March, less 5% cash , 2009? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 5). From the information given below, prepare the account of K. Dhall as it would appear in the Ledger of S. Uppal, a sole trader, for the month of March, 2009: 2009 Mar 1. Balance due from K. DhallRs. 1,600. Mar 5. Sold to Dhall, goods to the value of Rs. 3,000 less 33 1/3 % trade discount. Mar 8. Dhall returned goods catalogued at Rs. 420. Mar 15.Dhall paid the balance due on 1st March, less 5% cash , 2009?.
5). From the information given below, prepare the account of K. Dhall as it would appear in the Ledger of S. Uppal, a sole trader, for the month of March, 2009: 2009 Mar 1. Balance due from K. DhallRs. 1,600. Mar 5. Sold to Dhall, goods to the value of Rs. 3,000 less 33 1/3 % trade discount. Mar 8. Dhall returned goods catalogued at Rs. 420. Mar 15.Dhall paid the balance due on 1st March, less 5% cash , 2009? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about 5). From the information given below, prepare the account of K. Dhall as it would appear in the Ledger of S. Uppal, a sole trader, for the month of March, 2009: 2009 Mar 1. Balance due from K. DhallRs. 1,600. Mar 5. Sold to Dhall, goods to the value of Rs. 3,000 less 33 1/3 % trade discount. Mar 8. Dhall returned goods catalogued at Rs. 420. Mar 15.Dhall paid the balance due on 1st March, less 5% cash , 2009? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 5). From the information given below, prepare the account of K. Dhall as it would appear in the Ledger of S. Uppal, a sole trader, for the month of March, 2009: 2009 Mar 1. Balance due from K. DhallRs. 1,600. Mar 5. Sold to Dhall, goods to the value of Rs. 3,000 less 33 1/3 % trade discount. Mar 8. Dhall returned goods catalogued at Rs. 420. Mar 15.Dhall paid the balance due on 1st March, less 5% cash , 2009?.
Solutions for 5). From the information given below, prepare the account of K. Dhall as it would appear in the Ledger of S. Uppal, a sole trader, for the month of March, 2009: 2009 Mar 1. Balance due from K. DhallRs. 1,600. Mar 5. Sold to Dhall, goods to the value of Rs. 3,000 less 33 1/3 % trade discount. Mar 8. Dhall returned goods catalogued at Rs. 420. Mar 15.Dhall paid the balance due on 1st March, less 5% cash , 2009? in English & in Hindi are available as part of our courses for Commerce.
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5). From the information given below, prepare the account of K. Dhall as it would appear in the Ledger of S. Uppal, a sole trader, for the month of March, 2009: 2009 Mar 1. Balance due from K. DhallRs. 1,600. Mar 5. Sold to Dhall, goods to the value of Rs. 3,000 less 33 1/3 % trade discount. Mar 8. Dhall returned goods catalogued at Rs. 420. Mar 15.Dhall paid the balance due on 1st March, less 5% cash , 2009?, a detailed solution for 5). From the information given below, prepare the account of K. Dhall as it would appear in the Ledger of S. Uppal, a sole trader, for the month of March, 2009: 2009 Mar 1. Balance due from K. DhallRs. 1,600. Mar 5. Sold to Dhall, goods to the value of Rs. 3,000 less 33 1/3 % trade discount. Mar 8. Dhall returned goods catalogued at Rs. 420. Mar 15.Dhall paid the balance due on 1st March, less 5% cash , 2009? has been provided alongside types of 5). From the information given below, prepare the account of K. Dhall as it would appear in the Ledger of S. Uppal, a sole trader, for the month of March, 2009: 2009 Mar 1. Balance due from K. DhallRs. 1,600. Mar 5. Sold to Dhall, goods to the value of Rs. 3,000 less 33 1/3 % trade discount. Mar 8. Dhall returned goods catalogued at Rs. 420. Mar 15.Dhall paid the balance due on 1st March, less 5% cash , 2009? theory, EduRev gives you an
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