Question

pass entries:
● Purchased Pulsar for personal use rupees 60,000 by cheque.​

Answer 1

Hello..!!

Your answer..

_________________________________

▶️ $\underline\bold{JOURNAL ENTRY :-}$

Drawing Ac Dr......60000

To Bank Ac cr...........60000

[ Being motor bike purchased for personal use ]

▶️ $\underline\bold{EXPLANATION :-}$

↪️motor bike purchased by the proprietar for personal use Therefore Drwaing Ac will be Debited.

↪️payment made by cheque instead of Cash Therefore Bank Ac will be Credited.

_________________________________

Maybe it helps you!!

Have a good day :)

Answer 2

Explanation:

▶️ JOURNALENTRY:−

Drawing Ac Dr......60000

To Bank Ac cr...........60000

[ Being motor bike purchased for personal use ]

▶️ EXPLANATION:−

↪️motor bike purchased by the proprietar for personal use Therefore Drwaing Ac will be Debited.

↪️payment made by cheque instead of Cash Therefore Bank Ac will be Credited.

_________________________________