Legder entry for this journal entry
Answers
Answer:
There will be 8 ledger posting
Explanation:
1. cash a/c
capital a/c debit with rs 28,000
sales a/c debit with rs 20,000
total of debit side is rs 48,000
salary a/c credit with rs 12,500
balance c/d rs 35,500
total of credit side is rs 48,000
2. capital a/c
balance c/d rs 28,000
total of debit side is rs 28,000
cash a/c credit with rs 28,000
total of credit side is rs 28,000
3. sales a/c
balance c/d rs 5,08,000
total of debit side is rs 5,08,000
cash a/c credit with rs 2,00,000
Aryan a/c credit with rs 3,08,000
total of credit side is rs 5,08,000
4. aryan a/c
sales a/c debit with rs 3,08,000
total of debit side is rs 3,08,000
balance c/d rs 3,08,000
total of credit side is rs 3,08,000
5. electricity bill a/c
bank a/c debit with rs 1,500
total of debit side is rs 1,500
balance c/d rs 1,500
total of credit side is rs 1,500
6. bank a/c
balance c/d rs 1,500
total of debit side is rs 1,500
electricity bill a/c credit with rs 1,500
total of credit side is rs 1,500
7. purchase a/c
mahadev a/c debit with rs 7,200
total of debit side is rs 7,200
balance c/d rs 7,200
total of credit side is rs 7,200
8. mahadev a/c
balance c/d rs 7,200
total of debit side is rs 7,200
purchase a/c credit with rs 7,200
total of credit side is rs 7,200
note:-
please apply To and By for debit and credit entries respectively to their names written on entry.