Accountancy, asked by kajol301, 1 year ago

enter the following transactions in journal and post them into ledger
2015
Feb 1 Business started with cash
Feb 4 Deposited cash into bank
Feb 7 Selaries paid
Feb 10 Purchased computer

Answers

Answered by vishal4176
3

Answer:

sorry mate i have no answere to your question

Answered by tanmoyvestige
2

Answer:

Golden rules of Journal

Personal account rule

Debit- the receiver.

Credit- the giver.

Real account rule

Debit- what comes in.

Credit- what goes out.

Nominal account rule.

Debit- all expenses and losses.

Credit- all incomes and gains.

Now

The journal entries will be :-

2015

Feb 1    Cash A/C   DR  

                   TO Capital A/C            

 

(Being Business started with cash ₹80,000)

Feb 4    Bank A/C    DR  

                 TO Cash A/C                

 (Being Deposited cash into bank ₹18,000)

Feb 7   Salaries A/C   DR  

                   TO Cash A/C                

      (Being Salaries paid ₹15,000)

Feb 10    Computer    A/C    Dr    

                      To Cash A/C                          

      (Being computer purchased ₹25,000)

                                                                                                               

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