Record the following Transaction in Journal
2019
Krishna started business w
ith cash Rs.10,000
5 Cash Purchases from Raman Rs.1,000
15 Credit sales to Lakshmanan Rs.2,000
20 Cash received from Lakshmanan Rs.1,900 and
discount allowed to him Rs.100.
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Answer:
1cash Dr
To capital Cr
2Purchase Dr
To cash Cr
3. Lakshmanan Dr
To Sales Cr
4. cash Dr1800
Discount Allowed Dr100
To Lakshmanan Cr
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