Economy, asked by smritietheral, 1 year ago

rams account in the accounts payable ledger has a rs 2000 begining balance .after the transaction for rs 500 is posted from the purchases journal ,the balance in rams account

Answers

Answered by surajgk6086
0
the balance will be
rs 1500
Answered by Anonymous
5

According to the question:


Ram has a minimum value of ₹2000 in his bank account.After purchasing the journal which costs ₹500,the residual amount in the Ram's account will be;


=₹2000-₹500-₹0(transaction charges,if any)-₹(minimum amount violation penalty charges,if any)

= <₹1500


So the Ram's account will contain less than ₹1500 after purchasing the journals.

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