Question

sept 23- Paid for Life Insurance premium * 17,000.
sept-27 Sold goods worth * 28,000 to Tushar who paid us * 18,000 immediately
journal entries ​

Answer 1

Answer: Sept 23_ Drawing A/c........         Dr.    17,000

                                    To Cash A/c                                    17,000

              Sept 27_ Cash A/c........         Dr.    18,000

                                Tushar's A/c........  Dr.    10,000

                                       To Sales A/c                                    28,000

     

Explanation: