Question

Enter the following transaction in the journal mudit : Goods purchased for cash 75,000​

Answer 1

Answer:

Explanation:

shailysisodia

24.12.2019

Accountancy

Secondary School

+5 pts

Answered

ILuwu entries

Enter the following transactions in the Journal of Mudit:

2016

Jan. 01

Commenced business with Cash

Building

Jan. 02

Goods purchased for cash

Jan. 03 Sold goods to Ramesh

Jan. 04 Paid vages

Jan. 06 Sold goods for cash

Jan. 10 Paid for trade expenses

Jan. 12 Cash received from Ramesh

Discount allowed

Jan. 14 Goods purchased for Sudhir

Jan. 18 Cartage paid

Jan. 20

Drew cash for personal use

Jan. 22 Goods used for household

Jan. 25 Cash paid to Sudhir

Discount allowed

[Ans. Grand Total 4,83,200]

Journalise the following transactions in the books of Ashok :

1,75,000

1,00,000

75,000

30,000

500

10,000

700

29,500

500

27,000

1,000

5,000

2,000

26,700

300​

Answer 2

Answer

Purchases a/c dr.    75000

            To cash a/c.   75000

(Goods purchased for cash)