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Journal Entries and Trial Balance Summary by Svijayakanthan Selvaraj is a document available to read on EtoBox.

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1) Mr. Z established Computer Care Ltd and completed various transactions in August including depositing Rs. 40,000 for 4000 shares, paying advance rent, buying equipment, supplies, receiving fees, paying salaries, bills. 2) Journal entries were made for each transaction and accounts were created in the ledger for bank, share capital, rent, equipment, cash, creditors, supplies, customers. 3) A trial balance on 31-10-2020 showed total debits and credits of Rs. 76,670.

Author
Svijayakanthan Selvaraj
Language
EN