Question

Paid 20,000 for cement, 10,000 for timber and 5,000 as wages for the construction of building

Answer 1

Answer:

cement 20000

timber 10000

wages 5000

       To cash A/C  35000

Explanation:

All things were by in cash so whatever goes out is credit

Answer 2

Hello ..☺️✌️❤️

Paid 20,000 for cement,10,000 for timber and 5,000 as wages for construction of buildings.

$\color{red} \bf {cement \: account \: dr \: 20000} \\ \color{blue} \bf{timber \: account \: dr \: 10000} \\ \color{hotpink} \bf{wages \: account \: dr \: 5000} \\ \color{brown} \bf{ \: \: \: \: \: \: \: \: \: \: to \: cash \: account \: \: \: 35000}$

Or

$\color{red} \bf{contruction \: account \: dr \: 35000} \\ \color{blue} \bf{ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: to \: cash \: account \: 35000}$

Note- Both entry are true ..So you can choose anyone .Cash account is credited as cash goes out from business .

Hope its helps u all ☺️✌️