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1. Give journal entries for the following transactions of January 2021, post them to respective ledger accounts & prepare a Trial Balance. a) 1ST

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1. Give journal entries for the following transactions of January 2021, post them to respective ledger accounts & prepare a Trial Balance. a) 1ST Commenced business with cash *. 50,000 b) 5TH Opened an account in a bank with *. 15,000 c) 15TH Bought goods from Pintti and paid by cheque *. 5,000 d) 23RD Cash sales deposited into bank *. 2,000 e) 30TH Paid salary *. 1,000 and rent *.800

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