Accountancy, asked by aanya7895, 1 year ago

received cash ₹ 3390 from salesman for goods sold by him after deducting conveyance expenses₹ 150 ' make journal entry of it .

Answers

Answered by kanhaiyaavp
29
heyaa,,,
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received cash ₹ 3390 from salesman for goods sold by him after deducting conveyance expenses₹ 150 ' make journal entry of it.
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cash a/c dr 3,390
discount a/c dr 150.
to sales man a/c. 3,540
(being cash received from salesman and allowed him discount)
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Reason for debit and credit;
¤ cash is coming in so, it will be debited.
¤ discount is an expense for the business so, it will also be debited.
¤ giver of cash is salesman so, it will be credited.
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Hope it helps
Answered by Ankitajha212
10

Cash A/C Dr. 3390

Conveyance Expenses A/C Dr. 150

To Salesman 's A/C 3240

( Being amount received from salesman)

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