Question

Enter the following transactions in the books of m/s cloth corpation:
Purchased good from pramod and co. Rs. 30,000
Trade expenditure rs. 250
Paid to satish his salary rs. 400

Answer 1

Answer:

1)purchases A/c.......Dr 30000

to pyramid and co 30000

2)trade expense A/c .....Dr 250

to cash/bank 250

3)salary A/c ......Dr 400

to cash/bank 400