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 Lr 302 E 2013-2025

Lr 302e Accounting PDF 2013-2025 Form

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Instructions and help about trust supplemental list get

[Music] important key points of this lecture includes how to prepare journal how to prepare ledger accounts how to prepare trial balance how to prepare journal the first book in which the transactions of a business unit are recorded is called a journal following question is taken for preparing journal ledger and trial balance let's start to solve this question 2022 january 1st started business with cash 50 000 here two accounts are involved cash account and capital account cash account nature is asset when asset increase in business account will be debited and capital account nature is liability when liability increase in business account will be credited ing to rule cash account his debit and capital account is credit 2022 january 2 purchased goods for cash 5000 here two accounts are involved purchases account and cash account purchases account nature is asset because purchases account represent the value of goods when goods comes in assets will be increased account will be de

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