Question

please give some ledger and journal problems

Answer 1

hey

I am giving you some transactions which you need to post in journal.

here are follows

1. Ramesh invested Rs. 2,000,000 as capital
2. Suresh came up with two computers
3. firm acquired a rented house for operations worth Rs. 300,000
4. purchased raw material worth Rs. 20,000 on credit
5. Suresh deposited 40,000 in firm's bank account
6. Salary due of Ramesh Rs. 20,000 and Suresh Rs, 15,000
7. Cash paid to creditor
8. Interest received on bank deposits @8% P.A.
9. Interest on capital paid @10% P.M.
10. Sales accounted for Rs. 150,000

hope it helps

jerri