journalize the following transaction PLESE HELP ME WILL GIVE YOU HIGHEST POINTS
Answers
Answer:
hi
Explanation:
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Answer:
Explanation:
(1) CASH A/C DR 40,000
TO CAPITAL A/C 40,000
( COMMENCED BUSINESS WITH
CASH 40,000)
--------------------------------------------------
(2) BANK A/C DR 3,000
TO CASH A/C 3,000
( DEPOSITED CASH INTO
BANK )
---------------------------------------------------
(3) CASH A/C DR 3,000
TO SALES A/C 3,000
( CASH SALES )
--------------------------------------------------------
(4) PURCHASE A/C DR 1,000
TO BANK A/C 1,000
( PURCHASED GOODS BY CHEQUE)
-------------------------------------------------------
(5) CASH A/C DR 1,900
DISCOUNT A/C DR 100
TO SARITHA A/C 2,000
( CASH RECEIVED FROM SARITHA
1,900 AND DISCOUNT ALLOWED TO
HER 100)
----------------------------------------------------
(6) BANK A/C DR 2,500
TO CASH A/C 2,500
( DEPOSITED CASH INTO
BANK )
------------------------------------------------
(7) RAMANA A/C DR 1,000
TO CASH A/C 800
TO DISCOUNT A/C 200
( CASH PAID TO RAMANA 800
AND RECEIVED DISCOUNT 200)
-----------------------------------------------
(8) CASH A/C DR 2,000
TO BANK A/C 2,000
( WITHDRAW FROM BANK FOR
BUSINESS PURPOSE )
--------------------------------------------
(9) GIRI A/C DR 600
TO DISCOUNT A/C 50
TO BANK A/C 550
( ISSUED A CHEQUE TO GIRI
AND RECEIVED DISCOUNT 50)
------------------------------------------------
(10) SALARY A/C DR 1,500
TO CASH A/C 1,500
( SALARY PAID)
-----------------------------------------------
(11) PURCHASE A/C DR 700
TO MANASA A/C 700
( PURCHASED GOODS FROM
MANASA ON CREDIT)
------------------------------------------------
(12) MANASA A/C DR 700
TO CASH A/C 650
TO DISCOUNT A/C 50
( PAID CASH TO MANASA 650
AND RECEIVED DISCOUNT)
-------------------------------------------
(13) CASH A/C DR 800
TO COMMISSION A/C 800
( RECEIVED COMMISSION)
---------------------------------------------
(14) CASH A/C DR 700
TO BHARATH A/C 700
( RECEIVED CHEQUE FROM
BHARATHI)
-------------------------------------------
(15) RENT A/C DR 500
CASH A/C 500
( PAID RENT BY CASH )
-----------------------------------------