R ILLUSTRATION 4. Record the following transactions in the journal of Sohan :
June 4 Bought goods from Dinesh of the list price 50,000 less trade discount at
2017
10%
June 7 Goods returned to Dinesh of the list price 35,000.
June 10 Paid cash to Dinesh under a cash discount of 2%.
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Answered by
4
Answer:
Explanation:
Question 1:
Enter the following transactions in the Journal of Manohar Lal & Sons.:
2018 ₹
March 1 Manohar Lal & Sons started business with cash 60,000
2 Purchased furniture for cash 10,000
4 Purchased goods for cash 25,000
5 Bought goods from Kamlesh 15,000
10 Paid cash to Kamlesh 15,000
16 Purchased goods from Sohan 6,000
18 Purchased goods from Sohan for cash 8,000
20 Paid rent for the office 1,000
Answered by
3
Answer:
purchase a/c Dr. 45,000
To dinesh a/c 45,000
dinesh a/c Dr. 35,000
To purchase return a/c 35,000
dinesh a/c Dr. 300
To cash a/c 300
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