Give the journal entries corresponding to the narration given below:-
S.No. Particulars L.F Debit (Rs.) Credit (Rs.)
1.
2.
3.
4.
5.
6.
--------------------------- A/c Dr.
--------------------------- A/c Dr.
To ------------------- A/c
(Goods of the list price of Rs.5000 sold at 10% trade
Discount and 2% cash discount)
-------------------------- A/c Dr.
To ------------------
(The purchase of Motor Car for Rs.80,000 and the
payment of Rs.5000 as repair charges on it)
Chaturvedi A/c Dr.
To Cash A/c
To ------- A/c
(Chaturvedi’s account settled, cash discount 3%)
Cash A/c Dr.
----------- A/c Dr.
To ------------ A/c
(70 paise per rupee received from the estate of Ashok
on his insolvency)
--------------- A/c Dr.
To ----------- A/c
(For goods used by proprietor for personal use)
----------- A/c Dr.
To --------- A/c
(For rent due to landlord)
5000
3000
2000
2000
3000
2000
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Answer:
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Answered by
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Answer:
purchase a/c dr 5000
to discount a/c 590
to cash a/c 4410
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