Accountancy, asked by mousoofali2876, 8 days ago

Record the following transactions into the appropriate special journals :
2020
` May, 01 Sold goods for cash 30,000
" 05 Purchased furniture 5,000
" 07 Purchased goods from Binu on credit
4000
" 10 Sold goods to Resmi on credit 10,000
" 15 Cash purchases 15,000 " 20 Commission
received 2,000
" 25 Paid rent 1,000
" 31 Withdrew for personal use 1,000​

Answers

Answered by bhupendersharma471
1

Answer:

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Explanation:

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Answered by AllenGPhilip
2

Answer:

Explanation:

CASH A/C DR 30,000

  TO SALES A/C 30,000

(CASH SALES)

----------------------------------

FURNITURE A/C DR 5,000

     TO CASH A/C 5,000

(FURNITURE PURCHASED)

------------------------------------

PURCHASE A/C DR 4,000

    TO BINU A/C 4,000

(PURCHASED GOODS FROM BINU)

-----------------------------------

RESMI A/C DR 10,000

   TO SALES A/C 10,000

( CREDIT SALE TO RESMI)

-------------------------------------

PURCHASE A/C DR 15,000

       TO CASH A/C 15,000

(CASH PURCHASE)

-------------------------------------

CASH A/C DR 2,000

  TO COMMISSION A/C 2000

( RECEIVED COMMISSION)

---------------------------------------

RENT A/C DR 1000

  TO CASH A/C 1000

(PAID RENT)

----------------------------------

DRAWINGS A/C DR 1000

    TO CASH A/C 1000

( WITHDREW CASH FOR PRSNL USE)

-------------------------------------

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