11. Jonrnal, Ledger and Trial Balance.
6. Journalise the following transactions. Post them in the ledger, balance the ledger accounts and prepare trial balance:
2020
Jan.1 Murugan commenced business with a capital of Rs.80,000
2 Purchased goods for Rs. 24,000
3 Bought furniture for Rs. 20,000
5 Sold goods for Rs. 18,000
7 Sold goods to Kumar on credit for Rs. 15,000
8 Purchased goods from David on credit for Rs.6,000
15 Cash received from Kumar Rs.14,950, allowed him discount Rs.50.
18 Paid cash to David Rs.2,000
22 Drawn for personal use Rs.3,000