Question

Paid Rs.24,000 to Paul on account of goods purchased last year; Rs.2,000 p.m. as rent to landlord for 9 months and interest on loan @ 6% p.a. on Rs.1,00,000 for 9 months.​

Answer 1

Answer:

1) Paul account dr

To cash account

2) rent account dr

To cash account

3) bank loan account dr

To cash account