Pass necessary Journal entries for the following transactions:
2019
Mar 1 Cash in hand Rs25,000, Cash at Bank Rs 15,500,
Stock of goods Rs 25,000, Furniture RS 8,000, Nitin (Dr) RS 1,600,
Sunny (Dr) Rs 4,400, Loan from Mr Khurana Rs 30,000,
Shubham (Cr) Rs 3,70, Dinesh (Cr) Rs 4,800.
March 6 Purchased goods from Rajat for RS 75,000 less trade Discount
10% .
March 11 Sold goods to Mr Brown for Rs 45,000 at a profit of 10% trade
discount 5%.
March 15 Paid Rs 2,000 for wages , Rs 4,500 for salary.
March 17 Rajat returned goods of list price Rs6,000.
March 19 Paid school fees of son Rs 8,000.
March 22 Deposited cash into bank RS 12,000.
March 25 Withdrew from bank Rs 2,000 for personal use and Rs 5,000 for
office use.March 27 Paid Insurance Premium Rs 12,000.
March 31 Provide interest on Capital @10% p.a.
Answers
Answered by
0
Answer:
what is this .. I dint understand question
Answered by
1
Answer:
March 6... purchase a/c...dr. 67500
to rajat a/c 67500
March 11 - brown a/c ...dr. 42750
to sales a/c. 42750
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