Question

2) Journalise the following transactions
1. Commission received Rs. 500
2. Rent paid Rs. 700
3. Withdrawn from bank Rs. 1.500
4. Fan purchased for 900 and cheque issued.
5. Motor purchased from A Co. Rs. 200000
​

Answer 1

Explanation:

cash account dr

to commission

rent account dr

to Cash

cash account dr

to bank

office equipment account dr

to bank

motor account dr

to A co.

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