Question

6. Pass journal entries for the following transactions
2020
Sep. 1 Ankit started business with
Cash Rs 10,00.000
Machinery Rs. 5,00.000
Bank balance Rs. 1,00,000
Loan from Sund Rs 2,50,000.
Sep 5 Purchased goods worth Rs. 300,000 from Rakesh at 10%
Trade discount and 5 cash discount
Sep 15 Sold old machinery costing Rs. 30,000 for Rs. 25,000. Selling
uzpenses Rs 200
Sep 20 Unpaid rent Rs 40.000
Sep. 24 Goods lost by fire Rs. 19,000 and insurance company
admitted daim Rs 16,000
Sep 28 Goods withdrawn for personal use Rs 1,800
Sep 29 Cash deposited into bank Rs 3,000
Sep. 30 Pald salaries Rs. 11,000 on behalf of Vijay​

Answer 1

Answer:

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