Journalise the following transaction in the books of Bajaj March 1 commenced business with cash Rs 100000 March 22 sold goods on credit RS 40400 March 24 cash sales rupees 7700
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march 1. cash a/c dr 100000
to capital a/c 100000
(being business commenced)
march 22. creditors a/c dr 40400
to sales a/c. 40400
(being sales made on credit)
March 24 cash a/c dr 7700
to sales a/c. 7700
(being sales made on cash)
to capital a/c 100000
(being business commenced)
march 22. creditors a/c dr 40400
to sales a/c. 40400
(being sales made on credit)
March 24 cash a/c dr 7700
to sales a/c. 7700
(being sales made on cash)
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Answer:
journalise the following transactions in the books of Bajaj
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