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
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JOURNAL
a) cash ac. Dr. 5,00,000
to capital ac. 5,00,000
b) purchase ac dr. 2,00,000
to Jai sons ac. 2,00,000
c) Silky brothers ac. Dr. 10,000
to cash ac. 10,000
d) commission received ac. Dr 8,000
to haryana automobiles ac 8,000
e) purchase ac. Dr 6,00,000
to ramlal and sons ac. 6,00,000
f) ghanshyam & sons ac. Dr 6000
to interest paid ac. 6000
Explanation:
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