Question
3. From the following Journal Entries, prepare Ledger Account and Trial Balance of the company. DATE DETAILS DEBIT CREDIT 1-Apr-21 Cash a/c 4,000,000 Capital a/c
3. From the following Journal Entries, prepare Ledger Account and Trial Balance of the company.
DATE
DETAILS
DEBIT
CREDIT
1-Apr-21
Cash a/c
4,000,000
Capital a/c
4,000,000
2-Apr-21
Machine a/c
250,000
Cash a/c
250,000
4-Apr-21
Purchase Expenses a/c
1,000,000
Cash a/c
1,000,000
7-Apr-21
Accounts Receivable a/c
2,550,000
Sales Revenue a/c
2,550,000
8-Apr-21
Cash a/c
2,000,000
Sales Revenue
2,000,000
9-Apr-21
Salary Expenses a/c
250,000
Cash a/c
250000
10-Apr-21
Cash a/c
550,000
Accounts Receivable a/c
550,000
Required:
Prepare the General Ledger Accounts. (8 Marks)
Prepare Trial Balance (4 Marks)
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