Question

pass the journal entries​

Answer 1

Answer:

. Drawings a/c dr 30,000

To cash 20,000

To purchases 10,000

( being cash of rs. 20,000 and goods worth rs. 10,000 withdrawn by proprietor)

. Goods distributed for charity a/c dr 50,000

To purchases 50,000

. Goods distribute as free sample a/c dr.25,000

To purchases 25000

. Cost embezzlement a/c dr. 70,000

To cash 20,000

To purchases 50,000

. Loss by fire a/c dr. 40,000

insurance claim receives a/c dr. 60,000

To goods destroy by fire 1,000,00

Explanation:

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