Question

Prepare Goods Account from the following:
2017
Jan. 1 Stock in hand
Cash in hand
3 Bought goods from Madhab
4 Sold goods to Suren
5 Sold goods from cash
9 Bought goods for cash
10 Withdrew goods for personal use
12 Goods stolen
Goods donated​

Answer 1

Explanation:

stock a/c dr.

To cash a/c

cash a/c dr.

To madhab a/c

suren a/c dr.

To goods a/c

cash a/c dr.

To goods a/c

propwriters a/c dr

To goods a/c

draft a/c dr.

To goods a/c

donate a/c dr.

To goods a/c