Question: Individual Assignment 1 Below are th etransactions of Neel's Grocery Store for the month of October, 2016. You are required to post these transactions in the journal and prepare relevant ledger accounts thereafter. Also, prepare a trial balance for Neel's Grocery Store.
Oct 1st:Neel started business with a capital of
80,0003rd:Bought goods from Karl on credit
20,0004th:Sold goods to Tarl
25,0005th:Cash purchases
25,0007th:Cash sales
15,0009th:Goods retuned to Karl
2,00010th:Bought furniture for
15,00011th:Cash paid to Karl
12,00012th:Goods returned by Tarl
3,00014th:Goods taken by Neel for personal use
3,00015th:Cash received from Tarl
12,00016th:Took loan from Parl
30,00017th:Salary paid
5,00018th:Bought stationery for
1,00019th:Amount paid to Parl on loan account
18,00020th:Interest received 4,000