Question

plz help me with the question its very urgent. ​

Answer 1

Answer:

Particulars Debit Credit

Stock 150000 0

Cash & Bank 18000 0

Purchases & Sales 2605000 4565000

Returns 195000 80000

Debtors and Creditors 845000 382000

Capital 0 700000

Drawings 20000 0

Salaries 210000 0

Rent 180000 0

General Expenses 4000 0

Fixed Assets 1500000 0

 

5727000 5727000

Explanation:

a) Purchase Ac Dr 220000

    To Creditors Ac 220000

b) Debtors Ac Dr 375000

    To Sales Ac 375000

c) Purchase Returns Ac Dr 15000

    To Purchases Ac 15000

d) Sales Ac Dr 10000

    To Sales Return Ac 10000