How to write the journal of the given questions
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i want journal entries....
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question 1
ans 1 ) a person or an enterprise which is in a position to pay it's debts is called solvent.
ans 3) trade discount is not record in the books of accounts and cash discount is recorded in books of accounts
ans 4) according to this system every business transaction affects at least two accounts in opposite direction.
ans 5) rent due to landlord and paid salary to employees
ans 1 ) a person or an enterprise which is in a position to pay it's debts is called solvent.
ans 3) trade discount is not record in the books of accounts and cash discount is recorded in books of accounts
ans 4) according to this system every business transaction affects at least two accounts in opposite direction.
ans 5) rent due to landlord and paid salary to employees
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