Question

Received cheques on account of sales 200000 rent 40,000 and commission 15000 post in composite entry in ledger

Answer 1

Answer:

Explanation:

Bank A/c.........................................................Dr.      255000  

    To Sales A/c                                                                           200000

     To Rent A/c                                                                               40000

     To Commission A/c                                                                   15000

Answer 2

Explanation:

By bank a\c-----200000+40000+15000=255000

to salls a\c 200000

to rent a\c 40000

to commision a\c

15000