Question

Campun
Pass necessary Journal entries for the following transactions:
5 Paid salaries 20,000, rent 5.000 and wages 76,000 by cheque.
7 Purchased goods from Hari for 30,000 at 10% trade discount and 2% cash discount
Payment was made immediately.
Apn 15 Paid to Raju 75.000 in cash and 7,000 by cheque.
18 Goods sold to Roma for 5,000 at 20% Trade discount and 3% Cash discount. Half of the
payment was received immediately.
April 20 Goods sold to Ramesh for 78,000. He paid 5,000 by cheque immediately.
April 25 Additional capital introduced as: cash 10,000; and Delivery Van (Personal asset) of 750,000
April 26 Cash paid to Anil +975. Discount received 25.
April 30 Paid to Raju ? 1,000 in cash and 2,000 by cheque.
April 30 Paid 4,800 to Mohan in settlement of his account for 5,000.​

Answer 1

Answer:

here to pay more rs 26000