Question

Received a vpp rs.1360 sent a peon to take delivery of it and he paid rs. 10 for cartage journal entry

Answer 1

Answer:

your questions is wrong

vpp a/c. Dr. 1360

to name of person cr. 1360

peon a/c. Dr. 10

to cash. cr. 10

Answer 2

Answer:

Explanation:

For solving this problem, we have to know what is journal Entry. In accounting, a journal entry is logging of the transaction into accounting journal items. The journal entry can consist of several recordings like each of which is either a debit or a credit.

               In the books of journal entry

particulars                          amount    amount

vpp A/C Dr.                           1360

    To, peon A/C                                    1360

[ being vpp Rs. 1360 sent a peon ]

cartage A/C Dr.                        10

    To, peon A/C                                       10

[ being paid Rs 10 for cartage ]