Posting to ledger The following transactions relate to Git Stenson, who trades in jewelleries. You are...

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Posting to ledger The following transactions relate to Git Stenson, who trades in jewelleries. You are required to post the transactions to the ledger and extract a trial balance for 30 September 2008. Sept 1 2 7 DR. Date 8 9 10 21 23 24 30 Git Stenson commenced business by investing $15 000 cash. Purchased land with cash worth $10 000 Paid wages of $100 and advertising of $300 Cash purchases $550 Received interest on investments $300 Bought furniture worth $2 000 cash Sold goods to K Straw for $400 on credit Purchased stock for cash $1 000 Purchased inventory from L Dona on credit, $1 000 Received $400 from K Straw Paid L Dona $400 on account Particulars GENERAL LEDGER Amount Date Particulars CR. Amount Posting to ledger The following transactions relate to Git Stenson, who trades in jewelleries. You are required to post the transactions to the ledger and extract a trial balance for 30 September 2008. Sept 1 2 7 DR. Date 8 9 10 21 23 24 30 Git Stenson commenced business by investing $15 000 cash. Purchased land with cash worth $10 000 Paid wages of $100 and advertising of $300 Cash purchases $550 Received interest on investments $300 Bought furniture worth $2 000 cash Sold goods to K Straw for $400 on credit Purchased stock for cash $1 000 Purchased inventory from L Dona on credit, $1 000 Received $400 from K Straw Paid L Dona $400 on account Particulars GENERAL LEDGER Amount Date Particulars CR. Amount

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The detailed answer for the above question is provided below Solution GENRAL LEDGER DR Capital Account CR Date Particular Amount Date Particular Amoun... View the full answer