Accountancy, asked by adi20030, 4 months ago

Sold computers worth ₹7,00,000 to Fortune Traders and received ₹5,00,000. Journalize it​

Answers

Answered by sdhanush1
0

Answer:

Cash/Bank Ac Dr 500000

Fortune Traders Dr  200000

To Sales Ac                                700000

Explanation:

500000 is being received , so Debit Cash or bank, Fortune traders becomes a debtor who needs to pay us so debit their account, Credit Sales for 700000.

Previous Question
Next Question
Similar questions
Social Sciences, 2 months ago
Akbar got two epics translated into Persian. Write their names​...
Chemistry, 2 months ago
2. Identify the functional group of primary amine a. -NH, b.-N- c. N-H​...
English, 2 months ago
E Choose the correct possessive pronouns from those given in brackets and complete the sentences 1. clothes were untidy. (Theirs/Their) 2. The box containing chocolates is (my/mine) 3. Leave books here and go to sleep. (yours/your) 4. The Principal will present annual report. (him/his) 5. I invited my friends for tea. They played with toys. (my/mine) the nossessive nr​...
Math, 4 months ago
The mode is : (A) Observation with highest frequency (B) Highest frequency (C) Highest observation (D) None of these बहलक होता है :​...
Biology, 4 months ago
क्या होता है जो अंडे के छिलके में नाइट्रिक अम्ल मिलाया जाता है​...
History, 9 months ago
An effect of the Kansas-Nebraska Act of 1854 was that the Democratic Party was formed. the Missouri Compromise was passed. Senator Stephen Douglas was elected. the Republican Party was formed.
Biology, 9 months ago
which chemical helps the mango to ripe early?​
Math, 9 months ago
solve using appropriate identity ​...