journalise the following transactions 1)paid rs 2500 in cash as wages on installation of machinery 2) sold goods to preety having a list price of rs 5000 sales subject to 10%trade discount and 5%cash discount if payment is made immediately . pretty availed of cash discount 3) charged interest on drawings rs 200 4)purchased 1000 shares of rs 10 each in reliance company by cheque
amrita5580:
please solve important
Important??
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Machinery account debit Cash account is crrdited
3. Drawing account is drbitrf
Interest account is credit
please somebody solve it again
Which question No.
4;
Equity shares in reliance industry account is debited Rs.10000 & Credited Bank account by Rs. 10000
Any queries.
are u sure all are correct
Yes.
Thank u
Answered by
5
Machinery account debit Cash account is credited.....may be it helps you
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