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{"ops":[{"insert":"A business was started on March 1, 2020 with the investment of cash Rs. 50,000 \r\nand office equipment worth Rs. 50,000 and the following transactions were completed \r\nduring the month: \r\nMarch 2 : Purchased merchandise for cash Rs. 25,000 and on account Rs. 15,000. \r\nMarch 3 : Purchased office supplies for cash Rs. 2,000 and on account Rs. 7,000\r\nMarch 12: Purchased furniture on account Rs. 5,000. \r\nMarch 18: Sold merchandise for cash Rs. 20,000 and on account Rs. 15,000 \r\nMarch 20: Paid to suppliers Rs. 10,000 after discount Rs. 1,000 \r\nMarch 30: Paid rent for the month Rs. 1,500. \r\nREQUIRED: \r\na) Record the above transactions in the General Journal.\r\nb) Post the transactions to \"T\" accounts. \r\nc) Balance the accounts and prepare a trial balance \n"}]}
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