Question

4. From the following transactions of S.K. Trading Co., find out the accounts to be debited or
credited by American Approach:
) Bought goods for cash 10,000
(ii) Cash sales 35.000
(iii) Cash deposited into bank 4.500
(iv) paid charity expences 100
(v) purchased a furniture worth 2000
(vi) goods sold to ram for 1000 on credit
(vii) cash recieved from ram 500
(viii) recieved interst on bank deposit 500
(viiii) paid salaries 2000
(x)bought goods from sahil worth 8000​

Answer 1

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Explanation:

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