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Date Particulars Debit Credit 10.5.2020 Cash A/c Dr. Machinery A/c Dr. Capital A/c 65000 25000 90000 17.5.2020 Purchases A/c Dr. Cash A/c Payables A/c 15000

Date

Particulars

Debit

Credit

10.5.2020

Cash A/c Dr.

Machinery A/c Dr.

Capital A/c

65000

25000

90000

17.5.2020

Purchases A/c Dr.

Cash A/c

Payables A/c

15000

8000

7000

22.5.2020

Receivables A/c Dr.

Cash A/c Dr.

Sales A/c

18000

12000

30000

28.5.2020

Interest Expenses A/c Dr.

Cash A/c

4000

4000

29.5.2020

Cash A/c Dr.

Receivables A/c Cr

14000

14000

30.5.2020

Payables A/c Dr.

Cash A/c

4500

4500

Required:

  1. Post the Journal Entries into the Ledger Account
  2. Prepare a Trial Balance

Date

Particulars

Debit

Credit

10.5.2020

Cash A/c Dr.

Machinery A/c Dr.

Capital A/c

65000

25000

90000

17.5.2020

Purchases A/c Dr.

Cash A/c

Payables A/c

15000

8000

7000

22.5.2020

Receivables A/c Dr.

Cash A/c Dr.

Sales A/c

18000

12000

30000

28.5.2020

Interest Expenses A/c Dr.

Cash A/c

4000

4000

29.5.2020

Cash A/c Dr.

Receivables A/c Cr

14000

14000

30.5.2020

Payables A/c Dr.

Cash A/c

4500

4500

Required:

  1. Post the Journal Entries into the Ledger Account
  2. Prepare a Trial Balance

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