Question

(a) Bought goods for cash + 10,000.
(b) Cash sales – 5,000.
(c) Cash deposited into Bank.
(d) Paid charity expenses 100.
(e) Purchased furniture worth = 2,000.
(f) Goods sold to Ram for 7 1,000 on credit.
(g) Cash received from Ram – 500.
(h) Received interest on bank deposit 500.
(1) Paid salaries F 2,000.
6) Bought goods from Sahil worth $8,000.​

Answer 1

Explanation:

purchases a/c Dr......

to cash a/c

cash a/c Dr......

to sales a/c

bank. a/c. Dr......

to cash a/c

charity a/c. Dr....

to cash a/c

furniture a/c. Dr...

to cash a/c

ram. a/c. Dr...

to sales a/c

cash a/c. Dr...

to ram a/c

interest a/c. Dr....

to bank on interest a/c Dr....

salaries. a/c. Dr...

to cash a/c

purchases a/c. Dr....

Sahil a/c