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Q. No. 1: On 1 January, 2019 Mr. Jamal started a business with capital of 1,000,000 cash & his business transactions for the month were:
Q. No. 1: On 1" January, 2019 Mr. Jamal started a business with capital of 1,000,000 cash & his business transactions for the month were: 02 : Purchased merchandise for cash 14,000 04 : Purchased furniture for cash 15,000 06: Purchased merchandise from Ahmad on account worth 50,000 09: Sold merchandise in cash 55,000 12: Sold merchandise to Sameen for 20,000 24: Received cash from Sameen. 30: Paid rent expense in cash 5,000. Required: Record the above Transactions into General Journal and Post into Ledger and Prepare Trial Balance
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