Question

Compound Journal Entries
Pass necessary Journal entries for the following transactions:
or 5 Paid salaries * 20,000, rent 35,000 and wages 6,000 by cheque.
bi 7 Purchased goods from Hari for 30,000 at 10% trade discount and 2% cash discount.
Payment was made immediately.
bril 15 Paid to Raju 5,000 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.
i 20 Goods sold to Ramesh for 8,000. He paid 5,000 by cheque immediately.
25 Additional capital introduced as: cash * 10,000; and Delivery Van (Personal asset) of * 50,000.
26 Cash paid to Anil 975. Discount received 25.
30 Paid to Raju 1,000 in cash and * 2,000 by cheque.
30 Paid 7 4,800 to Mohan in settlement of his account for 5,000.​

Answer 1

Answer:

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Explanation:

I think it will be

Salary A/C...... Dr. 20,000

Rent A/C...... Dr. 5,000

Wages A/C...... Dr. 6,000

      To Bank A/C...........Cr. 31,000

Answer 2

Answer:

Refer the attachment.....

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