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Prepare a trial balance for neel grocery store

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Question: Individual Assignment 1 Below are th etransactions of Neel's Grocery Store for the month of October, 2016. You are required to post these transactions in the journal and prepare relevant ledger accounts thereafter. Also, prepare a trial balance for Neel's Grocery Store.

Oct 1st:Neel started business with a capital of

80,0003rd:Bought goods from Karl on credit

20,0004th:Sold goods to Tarl

25,0005th:Cash purchases

25,0007th:Cash sales

15,0009th:Goods retuned to Karl

2,00010th:Bought furniture for

15,00011th:Cash paid to Karl

12,00012th:Goods returned by Tarl

3,00014th:Goods taken by Neel for personal use

3,00015th:Cash received from Tarl

12,00016th:Took loan from Parl

30,00017th:Salary paid

5,00018th:Bought stationery for

1,00019th:Amount paid to Parl on loan account

18,00020th:Interest received 4,000

Reference no: EM131538389

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