Q.3 On 19th October 2014, goods worth 10,000/- were sold on credit basis by Anurag to Beena. Beena paid 2,000/- immediately in cash and accepted a bill for the balance for 2
months. Anurag sent the bill to the bank for collection. On due date the bill was honoured.
Pass journal entries in the books of Anurag.
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Answers
Answered by
2
Explanation:
your answer is 8000 will be debited to his account10000 will be credited to sells 2000 will be debited to cash now for bill payables banck account will be debited
Answered by
1
Answer:
here is your answer
Explanation:
8000 will be debited to Beenas bills payable
10000 will be credited to sells
2000 will be debited to cash
now for bills payables
bank account will be debited
8000 credited by bills payable
8000 debited to bank
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