Given below are the transactions of 'Road Builders and Material Traders' for the month of...

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Accounting

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Given below are the transactions of 'Road Builders and Material Traders' for the month of March 2021. Balances (in Rs.) on March 1, 2021: Machinery 900,000 Debtor: Sajith 300,000: Debtor: Pathum 200,000; Debtor: Medhan 100,000 Creditor: Saman 600,000; Creditor: Amal 400,000 Cash in Hand 350,000 Cash at bank 750,000 Inventory 1,000,000 Buildings 1,900,000 Motor vehicles 10,000,000 Bank Loan 1.650.000 Following were the transactions in the month of March 2021. 1. March Owner invested Rs. 7,500,000 in the business 2, March Received Rs. 150,000 from Pathum 3, March Purchased goods from Namal Rs.300,000 4, March Sold goods to Sajith for Rs. 150,000 5, March Purchased goods worth of Rs. 250,000 for cash 7, March Sold goods to Medhan on Credit Rs.75,000 8. March Purchased a Motor Bike for Rs 150,000 by paying a cheque 10. March Sold a part of Machinery for Rs. 350,000 10. March Paid Rs. 580,000 to Saman in full settlement 11, March Paid salary to Manel Rs. 150,000 12, March Medhan paid 165,000 as full settlement of his balance 18, March Sajith became insolvent and could pay only Rs. 300,000 19. March Paid Amal Rs. 150,000 by cheque 25, March Withdrew cash from business for personal use Rs. 100,000 28, March Sold goods for cash Rs. 150,000 to Rasika and received a cheque 29. March Deposited the Cheque received from Rasika in the bank You are required to: (i) post these balances and transactions to ledger accounts balance the ledger accounts on 31st March (iii) prepare the trial balance for the 31 March 2021. Use the excel formats provided when answering these questions. (ii) PROTECTED VIEW Be carefulfiles from the Internet can contain viruses. Unless you need to edit it's safer to stay in Protected View. Enable Editing X Q5 : X Z AA AB AC AD AE AF AG AH AI AJ AK AL AM AN AP AQ AR AS 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 PROTECTED VIEW Be carefulfiles from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing Q5 Z AA AB AC AD AE AF AG AH AJ AK AL AM AN AP AQ AR AS 1 2 3 4 5 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Ledger Accounts Trial Balance IT FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing 110 X B D E F G 4 5 Trial Balance 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 Ledger Accounts Trial Balance

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