InterviewSolution
Saved Bookmarks
| 1. |
Journalize the following transactions. |
| Answer» EXPLANATION:Cash a/c. Dr. 1,00,000Furniture a/c Dr. 2,00,000 To capital a/c. 3,00,000Purchases a/c Dr. 5,000To Cash a/c. 5,000Cash a/c. Dr. 6,000 To SALES a/c. 6000Rent a/c. Dr. 3,000 To Cash a/c. 3,000Machinery a/c. Dr. 40,000 to cash a/c 40,000Loan a/c. Dr. 3,00,000 To Cash a/c. 3,00,000 Cash a/c. Dr.6,000 To sales a/c. 6,000Bank a/c. Dr. 5,000 To Cash a/c. 5,000Purchases a/c. Dr. 50,000 To parchanda a/c. 50,000Parchanda a/c. Dr. 50,000 To Cash a/c. 45,000 To discount received a/c. 5,000Hope it helps you. | |