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Q1. Journalize the following transactions: Washing Law firm started operations with $ 25,000 Purchased office furniture $ 4,000 Paid rent $ 2500 Rendered services to

Q1. Journalize the following transactions:

  1. Washing Law firm started operations with $ 25,000
  2. Purchased office furniture $ 4,000
  3. Paid rent $ 2500
  4. Rendered services to Ramsay Bros $ 16,000
  5. Received from Ramsay Bros $ 9,600
  6. Paid salary to the typist $ 1000

You are also required to open Ledger A/c for Ramsay Bros, Cash & Salary.

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