sir please explain me if i sale a house so how can i post it in Journal ledger account and if i made expenses from my petty cash or form cash in hand so how can i post it in journal ledger account and how it will be effect on equity and profit etc…
I think you just need to read basic accounting principles, you may try Frank Woods Business accounting 1 , you will then understand the effect of these transactions on proft. You could then make straight forward entries in Manager.
Thanks