Question

(Ans.
Pass necessary journal entries for the following transactions-
(1) Sold goods on credit to D15,000, E8,000 and F 7,000
(2) Bought goods on credit from A 5,000, B * 7,000 and C 7 12,000.
(3) Paid expenses- Stationery 500, Postage 200 and carriage 100.​

Answer 1

Answer:

1.

D A/c Dr. 15000

E A/c Dr. 8000

F A/c Dr. 7000

To Sales A/c. 30000

2.

Puchases A/c Dr. 24000

To A A/c. 5000

To B A/c 7000

To C A/c. 12000

3.

Stationary A/c Dr. 500

Postage A/c Dr. 200

Carriage A/c Dr. 100

To Cash A/c. 800