Question

sold books and stationary to KP bros . rs 30000 and for cash rs 20000​

Answer 1

$\huge\blue{\mid{\fbox{\tt{Answer}}\mid}}$

1)

KP Bros a/c Dr 30,000

Cash a/c Dr 20,000

To Sales a/c 50,000

(Being goods sold)

2)

Insurance Premium a/c Dr 4000

To Cash a/c 4000

(Being Insurance Premium paid)

3)

Employees Life Policy Premium a/c 7000

To Cash a/c 7000

(Being Employees Life Policy Premium paid)