Question

(1) Loan given to Abir ₹5000.
(2) Loan taken from kamal ₹ 15000.
(3) Debt due from Gabla ₹ 2000 is not recoverable.
(4) Paid ₹ 5,500 for income tax and ₹ 2500 for sales.
(5) Paid son's education fee ₹ 3500 and office expenses ₹ 1500.

Answer 1

1.Loan to Abir a/c ........Dr. 5000

To bank. 5000

2.Bank .............Dr. 15,000

To Loan from Kamal. 15,000

3.Bad debts a/c .......,..Dr. 2000

To Gabla. 2000

4.Drawings a/c.........Dr. 5500

To cash. 5500

(Being income tax paid )

Cash ...........Dr. 2500

To Sales. 2500

(Being sales made )

5.Drawings...........Dr. 3500

Office expenses..Dr. 1500

To cash. 5000

Answer 2

Answer:

this is the answer

Explanation:

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