Question

journalism the following in transaction in the books of Anand general Merchant ​

Answer 1

Answer:n this Question we pass journal Entry

for Journal Entry we have some basic rules

Increase in Asset (Debit)

Decrease in Asset (credit)

Revenue will be credited

Ok, Transaction is :  sold goods of rupees 10000 to suresh

There are 2 Aspect in above transaction

Aspect 1. Our Debtor (suresh) is Increased due to Credit sale so Debtor (suresh)  is our  Asset, and Rule is Increase in Asset (Debit)

Aspect 2.  we are doing sale and  sale is Our Revenue and Rule is Revenue will be credited

Now main part of question

In the books of anand general merchants

Journal

Date        Particulars                    LF           Dr.(Amount)           Cr.(Amount)

1.4.2019    Suresh A/C      Dr.                             10000

                    To Sale A/C                                                                10000

(Being sold goods of rupees 10000 to suresh )

Explanation: