Reference no: EM132542546
Question 1: Journalize the following transactions of M/s.Greenline Enterprises, post the entries to the Ledger and prepare Trial Balance:
2019
June 01 Business started with cash Rs.5,00,000
June 06 Opened a bank account with ICICI Bank Rs.1,25,000
June 10 Purchases goods for cash Rs.50,000
June 12 Goods purchased on credit from M/s.Brightline Enterprises Rs.60,000
June 12 Purchased office furniture and paid by cheque Rs.40,000
June 18 Rent paid by cheque Rs.15,000
June 20 Sale of goods on credit to M/s.Rohit Bros Rs.75,000
June 24 Cash sales Rs.50,000
June 25 Cash paid to M/s.Brightline Enterprises Rs.55,000 in full settlement
June 27 Received a cheque from M/s.Rohit Bros Rs.50,000
June 30 Salary paid in cash Rs.25,000
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