Question

(4) Received a
(5) Bank charged * 30 for exp
(Ans. Total of Journal * 820]
How the Journal entries will be passed of the following transactions
0 Vijay Shankar started business with the following assets :
Cash + 10,000: Stock * 5,000; Typewriter 4,000.
Purchased goods on credit from A 500; B400; C * 800.
(3) Sold goods on credit to D700; E800; F * 600.
(4) Paid in cash for expenses : 50 for postage; stationery 100, care
* 20.
Ans. Total of Journal * 22,970]
6 Pass Journal Entries for the following transactions :
(1) Paid 1.000 for insurance for next year.
2) 2.000 is to be paid for rent.
(3) Machinery cost 1,00,000. Provide depreciation @ 10%.
Capital 720​

Answer 1

Answer:

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