Question

Journalise the following transactions:

1. Received a V.P.P for Rs 640. Sent a worker to take delivery of it and he paid Rs 5 for cartage.

2. Received interest on Loan from the debtor Rs 1100.

3. Provide interest on capital(Rs 10000) at 5 .5 % for six months.

Answer 1

Here is your answer :-

1) Purchase A/c Dr 640
Cartage A/c Dr 5
To cash A/c 645

2) Cash A/c Dr 1100
To interest on loan 1100

3) Interest on capital A/c Dr 275
To capital A/c 275.

Thnx

Answer 2

Answer:

from which book is this question can u PLz tell ?