Question

Journalise the following transaction: 2010 Mar 1 Sold goods to Y & Co. Rs.30,000 and cash received from him Rs.10,000 Mar 2 Purchased goods from X & Co. Rs.20,000 and paid cash Rs.6,000 Mar 7 Discount allowed Rs.2,000 Mar 9 Discount received Rs.4000 Mar 10 Furniture purchased for personal use and paid from business Rs. 2,000 Mar 12 Issued cheque to Roja Rs.10,000 Mar 12 Cash received from Hari Rs.1990 and allowed discount Rs.10 Mar 20 Cash Paid to Krishna Rs. 2,500 and discount received Rs.100 Mar 22 Paid repairs to Machinery Rs. 2000 Mar 30 Repairs paid on buildings Rs.10,000 ​

Answer 1

Answer:

1.cash account dr.

to y &co account

to sales account