Question

Problem: 14
Pass journal entries for the following transactions:
2012 Jan 1 Somdutt brought into business, cash 75,000
3. Purchased goods worth of 92,000 from promoth, cash
paid 10,000
5. Sold goods to Amar 59,000, trade discount 15%, cash
discount 8%
7. Returns to Pramoth 8,000
15. Paid for advertisement 3,000
20. Received interest on investment from sathyam industry2,000
22. Paid for salaries 10,000, wages 15,000, Rent 5,000
​

Answer 1

Answer:

ppppppppppppppppppppppppppppppp pop ppppppppppppppppppppppppppppppp ppppppppppppppppppppppppppppppp ppppppppppppppppppppppppppppppp ppppppppppppppppppppppppppppppp ppppppppppppppppppppppppppppppp p00ppppppp ppppppppppppppppppppppppppppppp ppppppppppppppppppppppppppppppp