Question

prepare necessary accounting vouchers from the following transaction: 1.Building purchased for - 6,00,0002.Goods sold on credit to M/s Reema trader-1,10,0003.withdrew cash for personal use -6,0004.cash receipts from debtors M/s Ankit bros - 22,000

Answer 1

1.Bulding a\c     Dr.                6,00,000
       To cash \ bank a/c                                 6,00,000
( being building purchased )

2. M/s Reema trader a/c   Dr       1,10 ,000
          To sales a/c                                                1,10,000
( being goods sold on credit )

3.Drawings a/c        Dr                 6000 
         To cash a/c                                          6000
(being cash withdrawn for personal purpose)

4.Cash a/c    Dr                          22000
        To M/s Ankit bros a/c                            22000
    (being cash received from debtor)