Question

Draw Journal
(a) Paid to Gaurav 3,800 and discount allowed by him 200.
(b) Gave away as charity goods 500 and cash 510.
(c) Received from Govinda 4,800 in full settlement of his account of 5,000.​

Answer 1

Answer:

Gaurav 's A/c Dr. 4000

To cash A/c 3800

To discount a/c 200

(Being paid to gaurav)

Charity A/c Dr. 1110

To purchase A/c 500

To cash A/c 510

(Being Charity)

Cash A/c Dr. 4800

Discount A/c Dr. 200

To Govinda's A/c 5000

(Being received from Govinda)