Question

make a journal entry
7.saley paid ₹4000
8.commision received ₹8000
9.goods sold to varun ₹10000 at 10% t.d
10.interest on capital provided ₹4000
​

Answer 1

Answer:

1)Cash a/c. Dr. 110000

Bank a/c. Dr. 90000

Furniture a/c Dr. 50000

To Capital a/c. 250000

2)Purchases a/c. Dr. 30000

To Cash a/c. 30000

3)Cash a/c. Dr 20000

To Sales a/c 20000

4)Wages a/c. Dr. 10000

To Cash a/c 10000

5)Rent a/c. Dr. 12000

To Cash A/c 12000

6)Bank charges a/c Dr 7000

To Cash a/c 7000

7)Salary a/c Dr. 4000

To Cash a/c 4000

8)Cash a/c Dr. 8000

To Commission a/c 8000

9)Varun a/c Dr. 9000

Trade discount a/c Dr. 1000

To sales a/c 10000

10)Interest on capital a/c Dr. 4000

To Capital a/c 4000

Explanation:

hope it will help you