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Post the given transactions to journal, ledger and then prepare the trial balance. 1. Started business with cash RS.520000 2. Purchased merchandise for cash Rs.

Post the given transactions to journal, ledger and then prepare the trial balance. 1. Started business with cash RS.520000 2. Purchased merchandise for cash Rs. 100000 3. Purchased furniture for Rs. 10000. 4. Sold merchandise for cash Rs. 30000. 5. Sold Merchandise on accounts Rs 3000 6. Sold merchandise to for cash Rs. 7000. 7. Paid salaries for the month Rs. 8000. 8. Paid rent Rs. 1500.

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