Question

3. Enter the following transactions in the journal of Saeed. Post them into
ledger and prepare a trial balance under "Self-Balancing Form” or “Running
Balance Method".
2017 March 1 Started business with cash
5. Purchased goods for cash
7 Sold goods for cash
9.
Purchased goods from Tariq
12 Sold goods to Imran
15
Paid cash to Tariq
Discount received
20
Received cash from Imran
Discount allowed
25
Withdraw cash for personal use
28 Goods taken away by the proprietor for personal use
Answer: Trial Balance Total Rs. 370,000
Rs.200,000
50,000
60,000
80,000
100.000
69,500
500
84,000
1,000
8,000
10.000​

Answer 1

Step-by-step explanation:

Purchased goods from Tariq

12 Sold goods to Imran

15

Paid cash to Tariq

Discount received

20

Received cash from Imran

Discount allowed

25

Withdraw cash for personal use

28 Goods taken away by the proprietor for personal use

Answer

Answer 2

Answer:

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