Question

journalise the following transaction in the books of sri.T.N.of coimbatore 1987​

Answer 1

Answer:

1987

Oct 1

3

4

Commenced business with Rs. 50,000

Purchased goods for cash Rs. 10,000 at 5% trade discount

Paid carriage Rs. 50

Purchased machinery for Rs. 20,000

Sold goods to Madan on account for Rs. 15,000

8

10

hope it helped you .