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    delhidude's Avatar
    delhidude Posts: 9, Reputation: 1
    New Member
    		  
    #1

    Nov 14, 2009, 12:27 AM
    Pass Journal Entries , posting into ledgers and prepare Trial Balance
    Rajaram quit his jib and started woodcraft company ( Service Firm) . The Tansactions of business for sep are as folows :

    Sep 1 Began Business by investing Cash Rs 10000 in exchange of 1000 shares
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Nov 15, 2009, 06:53 AM

    Debit cash for the amount
    Credit Common Stock for the amount
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