Accountancy, asked by amankumarsingh93, 1 year ago

Compound Journal Entries
4. Journalise the following transactions :
2018
Jan. 10
Seema started business with : Cash 20,000, Plant < 50,000
Purchased goods from Aryan : For Cash 10,000, On Credit 7 20,000
Sold goods for Cash 10,000 and Credit 15,000 to Rajesh
Cash received from Rajesh 14,500, allowed him discount 500
31
Purchased machinery worth 20,000 and tools worth 2,000 from Mithila
Machinery
31 Paid rent 2,000 and Salaries 3,000.
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Answered by shubhlakshmee
22

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