Question

27. Enter the following transactions in the books of Shrey.
2021
July 1 Shrey commenced business with cash
July 2 Money deposited into bank
July 5 Bought furniture
July 7 Bought goods from Vikas
July 9 Sold goods to Bablu
July 12 Sold goods to Rajeev
July 15 Goods returned by Bablu
July 18 Cash received from Bablu
July 24 Cash received from Rajeev
July 28 Goods returned to Vikas
July 31 Cash paid to Vikas
July 31 Paid Rent​

Answer 1

Answer:

Cash A/c. Dr.

To capital account

Bank account. Dr.

To cash account

furniture account. Dr

to cash account

purchase account dr.

to vikas account

Bablu account. Dr.

to sales account

rajeev account Dr

to sales account

sales return account Dr

to bablu account

cash account dr

to bablu account

cash account dr

to rajeev account

vikas account Dr

to purchase return account

vikas account Dr

to cash account

rent account Dr

to cash account