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please solve it ASAP. Q2 Post transactions to appropriate T-account & make Trial Balance with Totals and Trial Balance with Balances and Totals for ABC
please solve it ASAP.
Q2 Post transactions to appropriate T-account & make Trial Balance with Totals and Trial Balance with Balances and Totals for ABC Ltd as on March 30th, 2008: Ahmed Bajwa, an interior decorator, completed the following transactions during the month of March 2008. 1. Begun his business with Equipment valued at Rs. 80,000 and placed Cash Rs. 100,000 in a business Bank Account. 2. Purchase a used Motor Car costing Rs. 50,000 and paid by check. 3. Completed painting a two-story house and billed the customer, Rs. 24,800 (Account Receivable Dr). 4. Received cash for painting two rooms, Rs. 5,000. It was kept in cash till. 5. Hired assistant to work with him, to be paid Rs. 100 per day. 6. Purchase supplies for Rs. 14,600 and paid by check 7. Paid assistant for six days work, Rs. 600 in Cash. 8. Received cheque for painting five room apartment Rs. 33,600 and check is not deposited. 9. Transfer Rs. 2,000 to Business Bank Account Requirement GJ, T account and TBStep by Step Solution
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