Question

Give only the journal entry for the following transactions of Mr. Murugan during the month of March 2009 and balance the journal entry

mar.1 Sold goods to Anand on credit for
Rs.1,000

6 Sold goods to Balan on credit for Rs.700

7 Sold goods to Muthu for Rs.4300

8 Commission received Rs.50

9 Anand returned goods worth Rs.75

12 Balan returned goods worth Rs.50

14 Muthu returned goods worth Rs.100

16 Bought goods on credit from Murali for Rs.2000

19 Bought goods on credit from Mohan for Rs.2400

20 Bought stationery for Rs.75

21 Returned goods to Murali for Rs.300

22 Bought goods for cash for Rs.600

26 Collected from Balan cash Rs.650

31 Collected from Anand cash Rs.925

31 Paid Salary Rs.300

31 Wages Rs.200

31 Electricity Charges Rs.100​

Answer 1

Answer:

The Respective journal entries are above as you specified on your questions.