Prepare necessary ledger
2012
Commenced business with cash 16000
Bought goods on credit from Rajiv 6000 @10% T.D
Cash sales 8000@5%C.D
Paid wages 1800
cash purchase 1600
credit sales to Sanjeev 4000
paid to Rajiv 5400
Received from Sanjeev 2000
Paid Rent 1000
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