Journalize, post to ledger accounts, and prepare trial balance:
Ram brought capital of Rs. 15,00,000
Purchase of machinery for Rs. 3,00,000
Cash purchases — Rs. 2,50,000
Paid salaries — Rs 40,000
Rent received — Rs. 20,000

Paid wages — Rs. 16,000
Credit purchases from Rajaram — Rs. 20,000
Cash sales — Rs. 3,20,000
Purchase of stationary — Rs. 5,000
Paid cash to Rajaram Rs. 19, 800 in the fi nal settlement of his account
Sold goods – Rs. 80,000
Paid for advertising – Rs. 12,500
Received commission – Rs. 1,200