Journal entry please solve it
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ramesh Dr 56000
To sale A/c Cr. 50000
To output IGST A/c. cr 6000
(being sold good on cash)
Machine A/c. Dr 50000
Input IGST A/c Dr 6000
To pawan&sons Cr 56000
(being purchase m/c)
electricity charges A/c Dr. 10000
To cash A/c. 10000
(being paid electricity bills)
rent A/c Dr 10000
To cash A/c 10000
(being paid rent )
taxes A/c Dr 150000
To cash A/c 150000
(being paid taxes )
I love general entries and this is the best question and this is some kind of a new question there can be a mistake minor mistakes ok please prepare your general entry and clear your base because general entry is the backbone of accounting whole accounting if you want any help I am in WhatsApp and have my own group this is my WhatsApp number: 7477233998
To sale A/c Cr. 50000
To output IGST A/c. cr 6000
(being sold good on cash)
Machine A/c. Dr 50000
Input IGST A/c Dr 6000
To pawan&sons Cr 56000
(being purchase m/c)
electricity charges A/c Dr. 10000
To cash A/c. 10000
(being paid electricity bills)
rent A/c Dr 10000
To cash A/c 10000
(being paid rent )
taxes A/c Dr 150000
To cash A/c 150000
(being paid taxes )
I love general entries and this is the best question and this is some kind of a new question there can be a mistake minor mistakes ok please prepare your general entry and clear your base because general entry is the backbone of accounting whole accounting if you want any help I am in WhatsApp and have my own group this is my WhatsApp number: 7477233998
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