) Mr. Furqan started a sole proprietorship business. The business is newly established and Mr. Furqan hired an Accountant for keeping the journal updated. Suppose you are the Accountant of Mr. Furqan business, prepare the journal book for the month of June, 2019. You are also required to post journal entries into the ledger and prepare the trial balance. Detail of the transactions during June, 2019 are given as follows:-
June.1. Mr. Furqan commenced business with Cash of Rs. 2, 200000/- Building Rs.7,500,000/-
1. Purchased Goods with cash Rs.400,000/-
6. Purchased furniture from Miss Hareem Rs.220000/-
8. Sold goods to Mr. Majid Rs.220000/-
17. Goods returned to Miss Hareem Rs.10,000/-
18. Stationery Purchased Rs.20,000/-
22. Returned goods to Mr. Majid Rs. 12,000/-
28. Utility bill paid for the month Rs.70,000/-
31. Salaries paid for the month Rs.70000/-