Question

30 trancation of journals with ledger

Answer 1

Penu, for your project you can collect data of some company or a firm for a particular financial year which iseasily available online. With those transactions, you can proceed for your project. Begin with Journalisingthose transactions, post them to Ledger Accounts, prepare a Trial Balance, Trading & Profit & Loss Accountand the company's Balance Sheet. For your convenience, we provide you with an extract.