Activity: 03 : Fill the following table.
Rules
Applied
Analysis of transaction by applying rules
Account
to be Deb-
ited
Account
to be
Credited
(Modern Approach)
Accounts Catego-
Aspects/
Involved ries
Two
Transaction
Sr.
No.
Effects
1.
Rajesh Commenced
business with Cash
80,000
2. Paid Telephone bill
(Office) 5,000
3. Goods purchased for
cash 8,000.
4.
Sold goods to Manoj
worth * 6,000
5. Purchased Machinery
from Suresh on credit
315.000
6. Received Rent
2,500
Answers
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Answer:
Do it by yourself this is your problem
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