Question

give journal entry for the following transaction 2019 jan 21 purchased furniture for cash rs 3000 jan 22 sold machinery for cash rs 6000 jan 23 purchased goods for cash rs 4200 jan 25 sold goods for cash rs 4500 jan 26 paid wages rs 300 jan 27 paid salary rs 600 jan 28 received commission rs 400 jan 29 paid to kumar rs 5000​

Answer 1

Answer:

Jan 21

Furniture A/C______Dr. 3000

To cash A/c. 3000

(Being Furniture purchased)

Jan 22

Cash A/C_______Dr. 6000

To Sales A/c. 6000

(Being machinery sold)

Jan 23

Purchase A/c______Dr. 4200

To cash A/c. 4200

(Being goods purchased)

Jan 25

Cash A/c_____Dr. 4500

To Sales A/c 4500

(Being goods sold)

Jan 26

Wages A/c______Dr. 300

To cash A/c 300

(Being wages paid)

Jan 27

Salary A/c______Dr. 600

To cash A/c. 600

(Being salary paid)

Jan 28

Cash A/c______ Dr. 400

To received commission A/c. 400

(Being Commission received)

Jan 29

Kumar A/c_______Dr. 5000

To cash A/c 5000

(Being cash paid to kumar)

____________________________

Total- ₹24000

____________________________

Explanation:

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