Question

Compound Journal Entries
Pass necessary Journal entries for the following transactions:
April
April
April
2020
5 Paid salaries 20,000, rent 35,000 and wages 26,000 by cheque.
7 Purchased goods from Hari for 30,000 at 10% trade discount and 2% cash discount
Payment was made immediately.
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.
April
20 Goods sold to Ramesh for 38,000. He paid 5,000 by cheque immediately
April
25 Additional capital introduced as: cash 10,000; and Delivery Van (Personal asset) of 50.000
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 35,000​

Answer 1

Answer:

I dont know the answer. Sorry bro