The following are the transactions of ABC Company Limited. 1. Business started with cash Rs. 100000, Goods Rs. 50000, Furniture Rs. 50000 and land and building of Rs. 200000 and bank balance Rs. 100000. 2. Sold goods on credit Rs 5000. 3. Bought a machine Rs. 50000 from Gupta & Co. 4. Goods purchased for Rs. 20000. 5. Goods purchased from Everest Company for Rs. 50000. 6. Goods purchased from Neha for Rs. 20000 and paid Rs. 10000 partially. 7. Cash sales Rs. 30000. 8. Goods sold to Bikash for Rs. 50000. 9. Goods sold to Kareena for Rs. 25000 and received Rs. 15000 as partial payment. 10. Goods worth Rs. 5000 returned to Everest Company. 11. Goods Rs. 3000 returned from Bikash. 12. Furniture costing Rs. 10000 sold for Rs. 12000. 13. Machinery costing Rs. 10000 sold for 9000. 14. Cash drew from the business for personal use Rs. 5000. 15. Goods drew from business for household purpose Rs. 10000. 16. Withdrew from the bank for office use Rs. 15000. 17. Withdrew from the bank for domestic use Rs. 12000. 18. Salary Rs. 5000 paid by cheque. 19. Wage paid Rs. 8000 and still payable Rs. 2000. 20. Prepaid insurance Rs. 4000. 21. Rent received Rs. 10000. 22. Interest received Rs. 12000 and still receivable Rs. 3000. 23. Cash Rs. 45000 received from Bikash in full settlement of his account. 24. A cheque of Rs. 44000 issued to Everest Co. in full settlement of account. 25. Bad debts Rs. 2000 written off. 26. Bad debts written off previously Rs. 1000 now recovered 27. Purchased goods from Raju of list price Rs. 10000 at 5% trade discount.
Required:
a. Journal Book
b. Trial Balance
c. Profit and loss account
d. Necessary Ledgers
e. Trading account
f. Balance Sheet​