Question

journalize the following transaction, post them into ledger and balance the aaccount and prepare a trial Balance

Answer 1

Explanation:

journal

cash a/c. Dr

to capital a/c

bank a/c. Dr

to cash

purchases a/c dr.

to cash

purchases a/c. Dr

to dinesh a/c

dinesh a/c. Dr

to purchase returns

sales a/c. Dr

to Manish a/c

sales return a/c dr.

to Manish

cash/bank a/c. Dr

to Manish

purchases a/c. Dr

to bank a/c

cash a/c dr

drawings a/c. Dr

to bank

salary a/c. Dr.

rent a/c dr

to bank