1. Motor car purchase Rs. (50,000) 2. Machinery purchased Rs.( 20,000) 3. (10,000Rs. ) Received from Mohan . 4. 15,000Rs. payed to sohan . 5. Rent payed Rs. 2,000. 6. Commission received Rs. 10,000 Give journal entries.
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Answer:
journal entries 1 to 5 please read this explanation
Explanation:
1.purchase a/c Dr 50000
To cash 50000
(being purchase motor car for cash)
2.machinery a/c Dr 20000
To cash 20000
(being purchase for machinery )
3. Cash a/c Dr 15000
to sogan 15000
(being cash paid to sogan)
4.Rent paid a/c Dr 2000
to cash 2000
( being paid for rent)
5. Cash a/c Dr 10000
To commission received 10000
( being received for commission)
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