Q.3 From the following transactions prepare necessary Ledger Accounts in the Books of Vina and balance the same. 2019 Jan. Q. 1 6 201 Au 9 12 Started business with Cash 10,000 Bought goods from Vikas 3,000 Sold goods to Bhushan * 2,400 Paid to Vikas on account * 1,600 Received on account from Bhushan * 1,000 Cash Purchases 3,600 Cash Sales 5,000 Paid Wages 400 19 25 30 31 118
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Answer:
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Explanation:
2019
Jan.
1 Started business with Cash 10,000
6. Bought goods from Vikas 3,000
9. Sold goods to Bhushan 2,400
12 Paid to Vikas on account 1,600
19. Received on account from Bhushan 1,000
25. Cash Purchases 3.600
30 Cash Sales 5,000
31. Paid Wages 400
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Explanation:
journal entry of this book
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