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Q.3 Journal the following transactions and post them to the various ledger accounts and prepare the trial balance as on 31st January 2004
January 1 Rao Commenced business with Rs.5000
2 Bought goods for cash Rs.2500
3 Bought office furniture for cash Rs.500
4. Paid for postages Rs. 10
5. Sold goods for cash Rs. 150
6. Sold goods to Nayak Rs.1000
January 1 Rao Commenced business with Rs.5000
2 Bought goods for cash Rs.2500
3 Bought office furniture for cash Rs.500
4. Paid for postages Rs. 10
5. Sold goods for cash Rs. 150
6. Sold goods to Nayak Rs.1000
