Kindly, requesting you to answer this question with full illustration, please.

Question 1 A. Journalize the following transactions and post them to ledger. From the following transactions of Phoenix Inc for Oct 2016. (1) Journalize the below transactions (11) Post the Journal entries in to ledger accounts Date 2016 Oct 1 Oct 2 Oct 15 Oct 18 Oct 23 Oct 25 Oct 26 Oct 28 Transactions Niel started business with cash $ 800,000 purchased goods worth $ 3000 Sold goods for $ 25000 Purchased stationeries $4000 Purchased furniture for $ 24,000 Paid electricity charges with cash $3000 Paid Salary $18000 Paid rent $500