Question

pass the journal entry for the following (i) Manu started business
6,00,000
1,00,000
Cash
90,000
70,000
1,30,000
Goods
(i) Purchased office machine for cash
(ii) Sold goods (costing *60000) for credit to Asha
(iv) Purchased building for cash
(6) Cash received from Ashu
(vi) Purchased goods on credit from M/S Ashok Traders
(vii) Salaries paid
viii) Insurance prepaid
80,000
70,000
6,000
10,000
ix) Cash paid to M/s Ashok Traders in full settlement
68,000
​

Answer 1

CASH A/C Dr. 700000

purchase A/c Dr 290000

To Manu's capital a/c. 990000

1) Machinery a/c. Dr (not given)

To cash

2) Asha a/c. Dr. 60000

To sales a/c. 60000

3) building A/c. Dr.

To cash. (not given)

4) Cash a/c. Dr

To ashu. (not given)

5). Purchases A/c. Dr. (not given)

To m/s Ashok.

Write the question properly Dear