Question

9. Pass necessary Journal entries for the following transactions:
April 1/Paid repairing charges on existing machineries..
2 / Purchased a new machinery --------
3/ Paid freight and carriage on machinery
4/Paid installation charges on machinery..
April 5/Purchased a second-hand machinery
April 6/ Paid repairing charges on above machinery --
Transactions Relating to
1.000
2020
April
April
April
5.000
12,000
2500
​

Answer 1

Answer:

Apr 1 repairing charges a/c. debit

To machineries

Apr 2 machinery a/c debit

To cash a/c

Apr 3 carriage inwards a/c debit

To cash a/c

Apr 4 machinery a/c debit

To cash a/c

Apr 5 machinery a/c debit

to cash a/c

Apr 6 machinery a/c debit

to cash a/c

Answer 2

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