Question

Prepare a project on accountancy by taking at least 20 transactions make the journal entries,
ledger, trial balance, final accounts (with adjustments and without adjustments)

Answer 1

Answer:

T ACCOUNTS. Ledger: This is a book of final entries where the transactions are divided and recorded in separate accounts. Ledger with debit balance should be written on the debit side of the trial balance and ledger with credit balance should placed on the credit.