Question

Journalize the following transactions, Post them into ledger and prepare a

Trial balance.

a) Business started with a capital of Rs 5,00,000

b) Furniture purchased from Jai sons on credit Rs. 2,00,000

c) Payment made to Silky brothers Rs. 10,000

d) Commission Received from Haryana Automobiles Rs. 8,000

e) Goods purchased from Ramlal and Sons Rs. 6,00,000

f) Interest paid to Ghanshyam and Sons Rs. 6,000​

Answer 1

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