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Enter the following transactions of Akbar & Sons in their Journal and post them in the ledger. Akbar Ali brought brought cash Rs. 100,000 to
Enter the following transactions of Akbar & Sons in their Journal and post them in the ledger.
- Akbar Ali brought brought cash Rs. 100,000 to start a business (b) Purchased goods for cash Rs. 500. (c) Purchased office furniture in cash Rs. 2000. (d) Sold goods to Akmal on credit Rs. 1000. (e) Paid salary in cash Rs.500. (f) received on account from Akmal Rs.900. (g) Purchased goods from Fayyaz Rs.3000. (h) Paid to Fayyaz on account Rs. 2000. (i) Sold goods to Habib & Co. Rs. 2000. (j) Electric charges paid in cash Rs. 30. (k) Rent paid in cash Rs. 80. (l) Received from Habib & Co Rs. 1500. (m) Withdrew Cash Rs. 2700
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