Question

PROBLEMS
prepare necessary subsdiary books from the following transactions:
2014
jan1 purchases from Surya
3 sales to Sai
50000
60000
7
purchases30000

9
5000
12
25000
15
75000
19
sold furniture
purchases from Lakshmi
purchased machinery
sold goods to siva
sales to srivalli with 10% trade discount
cash sales
purchases from Anil with 5% trade discount
28000
25
30
40000
52000
20000
31​

Answer 1

Answer:

PROBLEMS

prepare necessary subsdiary books from the following transactions:

2014

jan1 purchases from Surya

3 sales to Sai

50000

60000

7

purchases30000

9

5000

12

25000

15

75000

19

sold furniture

purchases from Lakshmi

purchased machinery

sold goods to siva

sales to srivalli with 10% trade discount

cash sales

purchases from Anil with 5% trade discount

28000

25

30

40000

52000

20000

31