Question

Journalise the following transactions in the books of Prem Kumar
2012
March 1 business stated with 4000
March 2 purchase from Prasad 337 March 2 sales to Hariswaroop 1290
March 5 cash sales 372
March 5 sales to Babulal 630
March 5 payment to Prasad in account 1500 March 5 payment of salary to manager 500 March 8 paid office rent to Krishna 400

Answer 1

Answer:

1. cash a/c dr to capital a/c.3,cash a/c dr to sales a/c.4.Cash a/c dr to babulal.