Accountancy, asked by akashmike4147, 9 months ago

Journalize the following transactions:
Dec 1 Business started with cash 75,000
Dec 7 Purchased goods for cash 10,000
Dec 9 sold goods to Swati 5,000
Dec 12 purchased furniture 3,000
Dec 18 Cash received from Swati in full settlement 4,000
Dec 25 paid rent 1000
Dec 30 paid salary 1500

Answers

Answered by vivek83ags
4

Answer:

1)Cash a/c. Dr. 75000

To Capital a/c 75000

2)Purchases a/c Dr. 10000

To Cash a/c. 10000

3)Swati a/c Dr 5000

To Sales a/c 5000

4)Purchases a/c Dr. 3000

To furniture a/c 3000

5)Cash a/c. Dr. 4000

To Swati a/c 4000

6)Rent a/c Dr. 1000

To Cash a/c 1000

7)Salary a/c. Dr. 1500

To Cash a/c 1500

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