Question

Mr.J furnishes the
following particulars
required to
ane
relating
to his business.
You are required to
a) Pass journal entries
b) Pass ledger accounts
and
c) Prepare
a trial Balance as on 31st
Oct 2018
Date
particulars
Rs
1. 10. 2018 J started business with cash 4,00,000
3.10.2018 | Purchased goods for cash @
5% trade discount
discount 1,00,000
4.10.2018
Paid electricity charges
8.10.2018 Purchased machinery for
cash 20,000
10.10.2018 Sold goods to Mohan on
credit
15,000​

Answer 1

Answer:

Prepare the journal entries required to record these transactions in the general journal of the company. Problem B Economy Laundry Company had the following transactions in August Trim Lawn's trial balance at the end of the first 11 months of the year follows

Answer 2

Explanation:

his business.

You are required