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Question No 2: (10 + 10 = 20 Marks) You are required to post the following journal entries to the respective ledger account and to
Question No 2: (10 + 10 = 20 Marks) You are required to post the following journal entries to the respective ledger account and to prepare trial balance from the ledger accounts. Date Particulars LF Debit Credit (Amount RO) (Amount RO) 60,000 1/12/2019 Dr: Cash 60.0XX 5/12/2019 20,000 Cr Capital Dr: Printing Machine Cr: Revenue Dr: Supplies Cr: Account Payable 20.0XXO 6/12/2019 500 500 12/12/2019 Dr: Cash 1.850 Cr: Revenue 1.850 15/12/2019 SSO Dr: Supplies Cr. Cash SSO 18/12/2019 Dr: Rent 200 200 19/12/2019 Cr: Cash Dr: Accounts payable Cr: Cash 500 500 21/12/2019 Dr: Furniture 900 Cr. Cash 500 400 27/12/2019 Cr: Accounts payable Dr: Utility Expense Cr: Cash 150 150 31/12/2019 100 Dr: Telephone Expenses Cr. Cash 100
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