

InterviewSolution
Saved Bookmarks
1. |
Ledger Posting of Compounu it8. Give Journal entries of M/s Mohit Traders. Post thSales A/e and M/s Hema Traders A/e from the following transactions and2017Aug. 1 Commenced business with cash"2 Opened Bank account with H.D.F.C,, 3 Purchased furniture," 7 Bought goods for cash from M/s Rupa Traders8 Purchased goods from M/s Hema Traders,, 10 Sold goods for cash14 Sold goods on credit to M/s Gupta Traders16 Rent paid, 18 Paid Trade Expenses, 20 Received cash from M/s Gupta Traders, 22 Goods returned to M/s, Hema.Traders” 23 Cash paid to Ms Hema Traders,, 25 Bought Postage stamps. 30 Paid Salary to Rishabh19 |
Answer» | |