STEP 1 Transactions
Select a business of your own choice and make up at least 15transactions of your own choice. These transactions should focus onCash Receipts, Cash Payments, Sales, Purchases, Sales Returns,Purchases Returns and General transactions.
STEP 2 Source Documents
For each of the transaction that you have selected, identify thesource document used.
Step 3 Journals
Post the 15 transactions selected in step 1 into the 7 journalsthat you have learnt.
Step 4 T-Form Ledger Accounts
Post the entries from the Journals to the ledger. You arerequired to make all the ledger accounts.
Step 5 Trial Balance
From all the Ledger Accounts Prepared in Step 4, extract a TrialBalance.
