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30 TRANSACTIONS WITH THEIR JOURNAL ENTRIES, LEDGER , TRIAL BALANC?
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30 TRANSACTIONS WITH THEIR JOURNAL ENTRIES, LEDGER , TRIAL BALANC?
30 Transactions with their Journal Entries, Ledger, Trial Balance

Transaction 1: Invested $10,000 in the business
Journal Entry:
Cash (Dr) $10,000
Capital (Cr) $10,000

Ledger:
Cash Account: Dr $10,000
Capital Account: Cr $10,000

Trial Balance:
Cash: $10,000
Capital: $10,000

Transaction 2: Purchased inventory for $5,000 on credit
Journal Entry:
Inventory (Dr) $5,000
Accounts Payable (Cr) $5,000

Ledger:
Inventory Account: Dr $5,000
Accounts Payable Account: Cr $5,000

Trial Balance:
Cash: $10,000
Inventory: $5,000
Accounts Payable: $5,000
Capital: $10,000

Transaction 3: Sold inventory worth $3,000 for cash
Journal Entry:
Cash (Dr) $3,000
Sales (Cr) $3,000

Ledger:
Cash Account: Dr $3,000
Sales Account: Cr $3,000

Trial Balance:
Cash: $13,000
Inventory: $5,000
Accounts Payable: $5,000
Sales: $3,000
Capital: $10,000

Transaction 4: Paid $2,000 to accounts payable
Journal Entry:
Accounts Payable (Dr) $2,000
Cash (Cr) $2,000

Ledger:
Accounts Payable Account: Dr $2,000
Cash Account: Cr $2,000

Trial Balance:
Cash: $15,000
Inventory: $5,000
Accounts Payable: $3,000
Sales: $3,000
Capital: $10,000

Transaction 5: Purchased equipment for $8,000 on credit
Journal Entry:
Equipment (Dr) $8,000
Accounts Payable (Cr) $8,000

Ledger:
Equipment Account: Dr $8,000
Accounts Payable Account: Cr $8,000

Trial Balance:
Cash: $15,000
Inventory: $5,000
Accounts Payable: $11,000
Sales: $3,000
Capital: $10,000

Transaction 6: Received $1,000 from a customer for services rendered
Journal Entry:
Cash (Dr) $1,000
Accounts Receivable (Cr) $1,000

Ledger:
Cash Account: Dr $1,000
Accounts Receivable Account: Cr $1,000

Trial Balance:
Cash: $16,000
Inventory: $5,000
Accounts Payable: $11,000
Sales: $3,000
Accounts Receivable: $1,000
Capital: $10,000

Transaction 7: Paid $500 for rent
Journal Entry:
Rent Expense (Dr) $500
Cash (Cr) $500

Ledger:
Rent Expense Account: Dr $500
Cash Account: Cr $500

Trial Balance:
Cash: $15,500
Inventory: $5,000
Accounts Payable: $11,000
Sales: $3,000
Accounts Receivable: $1,000
Rent Expense: $500
Capital: $10,000

Transaction 8: Received $2,000 from a customer on
Community Answer
30 TRANSACTIONS WITH THEIR JOURNAL ENTRIES, LEDGER , TRIAL BALANC?
You can get these in your books...
By the way you don't know journal entries , how to make ledger ,and trial balance.....
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30 TRANSACTIONS WITH THEIR JOURNAL ENTRIES, LEDGER , TRIAL BALANC?
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