Question - 4
Joutnalize the following transactions post them into ledger and balance the account :
2000 
Jan. 01 Lalit Kumar commenced business with cash Rs. 1,00,000
Jan. 02 Purchased goods for cash Rs. 20,000
Jan. 03 Purchased goods from Ajay Rs. 5,000
Jan. 05 Paid to Ajay in full settlement to his account Rs. 4,950
Jan. 10 Sold goods to Prakash Rs. 6,000
Jan. 12 Received cash from Prakash Rs. 5,980 and discount allowed Rs. 20
Jan. 15 Received for commission Rs. 500
Jan. 20 Sold goods to Arun at 10 % trade discount Rs. 4,000
Jan. 25 Withdrew by ptoptietor for his persomal use Rs. 1,000
Jan. 30 Paid for rent Rs. 2,500
Jan. 31 Paid for salaries Rs. 3,200