Question

April 1 Purchased goods for Rs.20,000 in cash
April 10 Sold goods for Rs.30,000in cash
April 15 Paid salaries Rs.12,000
April 20 Purchased machine for Rs.50 ,000
April 25 Received commission for Rs.500

Answer 1

ap. 1. purchases acc. dr. 20000

to cash acc. 20000

(being goods purchased by cash)

ap.10..cash acc dr. 30000

to sales ac........30000

(being goods sold on cash)

ap. 15..salaries acc. dr 12000

to cash acc. 12000

(being paid salaries )

ap.20..machinery acc dr. 50000

to cash acc. 50000

( being purchased machinery )

ap. 25 . cash acc dr. 500

to commission ac. 500

( being commission recd.)

Answer 2

Answer:

1- April 1 purchase A/C---------dr       20000

                     to cash A/c                                20000

2- April 10 Cash A/c  ----------dr            30000

                       To sales A/c                             30000

3- April 15  Salaries A/c ----------dr         120000

                       To Cash A/c                            12000

4- April 20 Machine A/c --------dr           50000

                     To Cash A/c                               50000

5- April 25 Cash A/c ----------dr             500

                     To Commission received A/c     500