Question

name the account to be debited and credited in respect of the following transaction and give reason ( in accountancy )

1) purchased furniture
2) sold machinery
3) brought in for capital
4) purchased good for sunil
5) sold goods to anil
6) salary paid
7) commission received
8) paid to sunil
9) received from anil

plz do this problem
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Answer 1

Answer:

1.furniture a\c. dr

To cash

2.machinery a\c. dr

to sales

4.pruchase a\c. dr

To sunil

5.Anil a\c. dr

To sales

6.salary a\c. dr

To cash..

7.cash a\c. dr

To commission a\c

8.sunil a\c. dr

To cash

9.cash. a\c. dr

To sunil