Question

journalise the following transaction in the books of Bhagat​

Answer 1

Answer:

cash a/c. dr. 10000

to capital a/c. 10000

Explanation:

1. cash a/c. dr.1000

to capital a/c. 1000

suchitra dr. 20000

to sales a/c 20000

machinery a/c. dr. 30000

to cash a/c. 30000

rent a/c dr. 5000

to cash a/c. 5000

Answer 2

Explanation:

jan 21

bank account dr

To intrest received account

jan 26

Advertisement expense account dr

To cash account