Question

Recording of Transactions

Jan. 15
Jan. 16
Jan. 18
Jan. 20
Jan. 22
Jan. 23
Jan. 24
Jan. 26
Jan. 27
Jan. 28
Jan. 29
Jan. 30
Cash received from Naman
Discount allowed
Paid wages
Furniture purchased for office use
withdrawn from bank for personal use
Issued cheque for rent
goods issued for house hold purpose
drawn cash from bank for office use
Commission received
Bank charges
Cheque given for insurance premium
Paid salary
Cash sales
11.700
300
200
5,000
4,000
3,000
2,000
6,000
1,000
200
3,000
7,000
10,000
​

Answer 1

Answer:

cash a/c Dr. 11700

Discount allowed Dr. 300

To Naman 12000

Explanation:

by real ac. Dr what comes in and cr. what goes out ......in this equation cash comes in ,and all ways discount allowed is Dr.and maan is credited... ......

Hope it helps u....