Question

Enter the following transaction
a) Started business with Cash & 2,00,000.
5) purchased goods from Amit duppliers on Credit of a
4150,000
c) Deposit Each into bank of 25,000
d) Sold goods to dynamie teaders Put ltd Of 3 1,30,30
e) Received a cheque of of 1,27,000 from deramie
traders Put. Itd.
b) Pisced cheque of 5 1,00,000) as a partial payment to
Amit Supplier
purchase goods for F 45,000 by Cash.​

Answer 1

Answer:

can you please verify your question written her with your notebook? I guess there are some errors here in amount.. I have tried my level best to find the amount. the journal entries are here. do take a look and verify with your answers.

Explanation:

Thank you...!

Answer 2

Answer:

a. cash ac....dr 2lac

To capital ac 2 lac

b. purchases ac ....dr (whatever amt; write it)

To Amit suppliers (amt)

c. I assume its cash into bank so..

bank ac ...dr

to cash ac

d. Dynamite traders ....dr

to sales

e. bank ac... dr

to dynamite traders

f. cheque to someone...

amit supplier ....dr

to bank

g. purchases ac ...dr

to cash

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