Question

June 08, Issued cheque to Mr. Ahsan 9,500 full settlement of his
account
June 10, Paid cash to M/s Noman Traders full settlement of their
account
June 12, Sold merchandise to Mr. Usman 25,000
June 15, Received cheque from Usman 24,000 full settlement of his
account and cheque was deposited into bank account on same
day.​

Answer 1

Answer:

June 8

mr.ahsan a/c dr. 9500

to bank a/c. 9500

June 10

m/s Noman traders a/c dr

to cash a/c

June 12

mr.ushman a/c dr. 25000

to sales a/c 25000

June 15

ushman a/c dr. 24000

discount allowd a/c dr. 1000

to bank a/c 25000

bank a/c dr

to ushman a/c

( new to accounts,so not sure abt the answer

but tried hard for answer )