Ledger entry 1

Ledger Posting first problem

	Prepare Ravi Account from the following
1-Apr	Goods sold to Ravi	28000
3-Apr	Cash Received from Ravi	2500
4-Apr	Goods returned by Ravi	600
10-Apr	Cheque received from Ravi	14400
18-Apr	Discount allowed to Ravi	1000
26-Apr	Goods sold to Ravi	3500
30-Apr	Goods sold to Ravi for Cash	2000

We are posting in Ravi Account. Therefore we need to enter all accounts dealing with Ravi.	Journal Entries
Goods sold to Ravi	Ravi A/c…..Dr       To Sales A/c
Cash Received from Ravi	Cash A/c…..Dr       To Ravi A/c
Goods returned by Ravi	Sales Return A/c…..Dr       To Ravi A/c
Cheque received from Ravi	Bank A/c…..Dr       To Ravi A/c
Discount allowed to Ravi	Discount Allowed A/c…..Dr       To Ravi A/c
Goods sold to Ravi	Ravi A/c…..Dr       To Sales A/c
Goods sold to Ravi for Cash	Cash A/c…..Dr       To Sales A/c (Cash to sales not reflect in party account)

DR			Ravi Account					CR
Date	Particular	J.F No.	Amount		Date	Particular	J.F No.	Amount
1.4.2018	To Sales		28000		3.4.2018	By Cash		2500
	To Sales		3500		4.4.2018	By Sales Return		600
					10.4.2018	By Bank		14400
					18.4.2018	By Discount Allowed A/c		1000
					31.3.2019	By Balance C/d		13000
			31500					31500
1.4.2019	To Balance b/d		13000