Preparing a Nominal Account
Pass journal entries and prepare only Stationery Account:
2018
Feb. 1
Feb. 9
Feb. 19
Feb. 23
Feb. 28
Opening balance of stationery
Purchased stationery for cash
Purchased stationery on credit from Bose
Stationery purchased by cheque
Stock of stationery
3,000
18,500
10,200
8,400
5,100
Answers
Answer:
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Explanation:
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Given:
Opg. balance of stationery = 3,000
Purchased for cash = 18,500
Purchased on credit from Bose = 10,200
Purchased by cheque = 8,400
Stock = 5,100
To Find:
Journal Entries & Stationery A/c
Solution:
Journal Entries
09.02.2018 Stationery a/c Dr. 18,500
To Cash a/c 18,500
19.02.2018 Stationery a/c Dr. 10,200
To Bose a/c 10,200
23.02.2018 Stationery a/c Dr. 8,400
To Bank a/c 8,400
Stationery A/c .
To Balance b/d 3,000 By P & L a/c 35,000
To Cash a/c 18,500
To Bose a/c 10,200
To Bank a/c 8,400 By Balance c/d 5,100
40100 40,100