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Question 1 (a) Below here, showing a joumal entry, which is the first step of...

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Accounting

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Question 1 (a) Below here, showing a joumal entry, which is the first step of recording process, what is the second step of recording process. So, is it possible to make the possible ledgers from the given joumal entries below and prepare a trial balance. General Journal Amount (R) Credit Ref 100.000 100.000 7.000 7.000 3.000 2.000 1.000 5.000 12.000 Date Account Title and Explanations 2016 April 1 Cash Owner's Equity Anees (Started business with cash 2 Fumire Cash (Purchase fremite for cash 8 Purchase Cash Accoms Payable_Khalid Retail Store Perchase good on cash and credit) 14 Cash Accom Receivables_Khan Brothers Sales (Cash and Credit Sales recorded) 18 Dewing Cash Owner withdrew for personal use) 22 Accomit Payable_Khalid Retail Store Cash (Paid credit to Khalid Retail Store 26 Cab Account Receivable_Khan Brothers Receive cash from credit customer 30 Salaries Expense Cash Paid expenses 17.000 2.000 2.000 500 500 10,000 10.000 2.000 5.000 Total Rs. 141.500 Rs. 141.900

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