Journal Making Problem

1. Started business with cash 10000.

2. Purchased goods for cash500.

3.   Purchased goods from Ram on credit Rs.300.

4. Sold goods for cash Rs 100.

5. Sold goods to Rahim Rs 200 on cash.

6. Paid wedges Rs 150.

7. Received Rs 200 for interest.

8. Purchased furniture for cash Rs 600 .

9. Received cash from Rahim Rs 100.

10. Paid Ram in cash Rs 200.
Prepared the journal ,post the entries to Ledger accounts and varify the correctness of your entries by preparing a Trial Balance.

Neha from India

If you want to solve this problem, write in the comment box. 

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