Question - Journalize the following transactions, Post them into ledger account and Prepare a Trial Balance 2017
March - 1 Commenced business with cash Rs.1,00,000
March - 2 Purchased goods for cash Rs. 25,000
March - 3 Purchased furniture for cash Rs. 6,000
March - 5 Purchased goods from Suresh on credit Rs. 5,000
March - 7 Sold goods for cash Rs. 30,000
March - 10 Sold goods to Mahesh on credit Rs. 25,000
March - 12 Returned goods to Suresh Rs. 500
March - 13 Mahesh returned us goods worth Rs. 500
March -15 Paid Rs. 4,450 to Suresh by cheque in full settlement of his account
March - 20 Received a cheque of Rs. 24,450 from Mahesh and gave a discount of Rs. 50
March - 25 Withdrew cash for personal use Rs. 2,500
March - 28 Paid rent of Rs. 5,000 and Salary Rs. 6,000 by cheque