Question

enter the following transaction in tthe journal:
a) goods purchase from ram rs. 2000,wrongly treated as cash transaction.
b) salary due to clerks rs. 1000
c) ram lal purchased our old machinery rs. 6500.
d) charged interest on capital rs. 500.
​

Answer 1

Answer:

a. Not Confirm

b. Salary A/C. Dr. 1000

To Outstanding salary A/C. 1000

c. Machine A/C. Dr. 6500

To Ramlal. 6500

d. Interest A/C. Dr. 500

To Capital A/C. 500

Hope it may helpful..

Thank u.