ACCOUNTS TO BE DEBITED OR CREDITED
3. From the following transactions of S.K. Trading Co., find out the accounts to be debited
or credited :
(a) Bought goods for cash 10,000.
(b) Cash sales 5,000.
(c) Cash deposited into Bank.
(d) Paid charity expenses 7 100.
(e) Purchased furniture worth + 2,000.
(f) Goods sold to Ram for 1,000 on credit.
(g) Cash received from Ram 500.
(h) Received interest on bank deposit 500.
(i) Paid salaries 2,000.
6) Bought goods from Sahil worth = 8,000.
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