Accountancy, asked by sunainakhan, 1 year ago

paas journal entries:- 1)commenced with business cash RS=1,00,000 2)cash deposited into bank RS=60,000 3) Bought goods from x RS=20,000 and RS=5000 at once.4)Good costing RS =15,000 for RS =20,000. 5) borroweel loan from Bank RS= 30000. 6) paid wages Rs 6,000 as wages

Answers

Answered by kanhaiyaavp
4
heyaa,,,
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1. cash a/c Dr 1,00,000
to capital a/c 1,00,000.

2. Bank a/c Dr 60,000
to cash a/c 60,000

3. Purchase a/c Dr 20,000
to X a/c 20,000.

4. cash a/c Dr 20,000
to sale a/c 20,000.

5. cash a/c Dr 30,000
to bank a/c 30,000.

6. Wages a/c Dr 6,000
to cash a/c. 6,000


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hope it helps. ☺️☺️☺️
Answered by demonsking52801
1
journal entries are

1) cash account dr 1,00,000
to capital account. 1,00,000

( being capital introduced in business)

2) bank account dr 60,000
to cash account 60,000

( being cash deposited in bank)

3) purchase a/C dr 25,000
to x a/C. 25,000

(being goods bought from X )

4) cash a/C dr 20,000
to sales a/C. 20,000

(being goods sold)

5) cash a/C dr 30,000
to bank a/C 30,000

( being loan taken from bank)

6) wages a/C dr 6,000
to cash a/C. 6,000

(being wages paid)
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