Question

journalise the above transactions . Grduation question of 5marks​

Answer 1

Journal Entries:

1 Furniture A/c Dr

To Cash/Bank A/C

2 Plant and machinery A/c. Dr

To Satish's A/C

3 Cash/Bank A/C Dr

To Furniture A/C

4. Raman A/c Dr

To Cash/Bank A/C

5 Cash/Bank A/c Dr

To Suresh A/C

6 Salaries A/C Dr

To Cash/Bank A/c

7 Purchases A/C Dr

To Cash/bank A/c

8 Rent A/c Dr

To Cash/bank A/c

9 Cash/Bank A/c Dr

To commission A/c