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Journalize the following transaction and make ledger & trial balance account as well. 1. 1992 SL. March 01 05 06 10 12 1 #1 Shakeel

Journalize the following transaction and make ledger & trial balance account as well.

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1. 1992 SL. March 01 05 06 10 12 1 #1 Shakeel started business with cash Rs. 50,000 Purchased goods for cash for Rs. 10,000. Purchased goods on account Rs. 5,000 from Ali. Purchased Furniture for cash Rs. 4,000. Sold goods for cash Rs. 12,000. Sold goods on account Rs. 6,000 to Aslam. Ali account settled receiving Rs. 150/- as discount. Aslam account settled allowing Rs. 200/- as discount. + 14 PP 25 26

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