Question

journal lines the following transactions and the prepare leather account of books​

Answer 1

Explanation:

Journalise the following transactions and prepare ledger accounts

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1. Cash received from Raju Rs.10,000 for commission.

3. Intra-state sale to Rakesh Rs.3,000 and SGST @2.5% and CGST @2.5% applicable.

5. Received full amount from Rakesh.

8. Intra-state purchase from Mangesh Rs.2,000 and SGST @2.5% and SGST @2.5% applicable.

11. Paid the necessary amount to Mangesh.

18. Paid Rent Rs.2,500

24. Paid mobile bill Rs.1,000 out of which Rs.700 for office use and for Rs.300 for personal use.