Chapter 2, Problem 2BPSB

To determine

Concept Introduction:

Journal entry: In double entry system of accounting, journalizing is the recording of the given accounting transactions by giving effects to debits and credits.

Ledger accounts: Ledger accounts are the refinement of journal entries by presenting them in an understandable form that helps in finding out the balance of an account at a given point in time.

Trial balance: Trial balance is the first step in the preparation of the final accounts and for ensuring that the arithmetical accuracy of the books of accounts prepared.

To write: The general journal entries, ledger accounts and the trial balance