Accountancy, asked by vedikadiwan60, 8 months ago

Complete the following journal entries for Shukla Traders. (4 marks)

Date Particulars L.F Debit Amount (Rs.)
Credit
Amount (Rs.)
11/6/2020 ______ A/c dr. To Capital A/c
( business started with cash)
15/6/2020 Purchases A/c dr. To _____ A/c
(Purchased goods for credit from
Ram Traders)
1,00,000
1,00,000
50,000
50,000
22/6/2020 ________ A/c dr. To cash A/c
(Machinery purchased for cash)
24/6/2020 ______ A/c dr. To ______ A/c
(Withdrew goods for personal
use)
26/6/2020 Ram Traders A/c dr. To _______ A/c
To ________ A/c
(Paid cash to Ram traders
Rs.48,000 in full settlement)
35,000
35,000
2,500
2,500
50,000
_____
48,000

TOTAL ___________ ____________
Q. 6. Prepare the accounting equation for the above entries of Shukla Traders. (5 marks)

Answers

Answered by varsha7439
1

Answer:

cash

Ram traders

Machinery

drawings, cash

discount 2000, cash 48000

237500 dr,237500 cr..

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