journal entry for paid cash for miscellaneous expenses
Answers
Answer:
misc exp ac dr
to cash or bank
Explanation:
Answer:
Journal entries
miscellaneous expenses DR
To Cash
(being cash paid)
Explanation:
Answer
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Answer:
Using debits and credits, a journal entry is a sort of record used in accounting to keep track of financial transactions. The general journal is a company's official accounting record book, where accountants enter journal entries
Explanation:
2018 April 01
Cash A/c Dr. 1,00,000
To Capital A/c 1,00,000
(Commenced business with Cash)
April 03
Purchases A/c Dr. 5,000
To Cash A/c 5,000
(Bought goods)
April 04 Gopal Dr. 4,000
To Sales A/c 4,000
(Goods Sold to Gopal)
April 10
Purchases A/c Dr. 8,000
To Ram8,000
(Bought goods from Ram)
April 15 Trade Expenses A/c Dr.2,000
To Cash A/c 2,000
(Paid trade expenses)
April 20 Cash A/c Dr. 3,950
Discount Allowed A/c Dr. 50
To Gopal 4,000
(Cash received from Gopal and discount allowed)
April 25 Wages A/c Dr. 700
To Cash 700
(Paid Wages) April 27
Ram Dr. 8,000
To Cash A/c 7,700
To Discount Received A/c 300
(Paid to Ram and discount received from him)
April 30 Rent A/c Dr. 1,500
To Cash A/c 1,500
(Paid Rent)
Accounting experts can generate and analyse stability sheets and earnings statements with using correct journal entries. The diverse styles of magazine entries might be:
virtually enter one debit and one credit score in your journal.
embody greater than two accounts, or a couple of credit and one debit, to your diary entries.
Revision of magazine entries: made to address troubles like unprocessed invoices to make the books stability at the quit of an accounting duration.
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brainly.in/question/10334339
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