Question

Solve this question....
(Journal Entries)

Answer 1

Explanation:

1)Cash a/c Dr. 5000

To capital A/c. 5000

4)Machinery a/c-Dr. 325000

To cash ac. 325000

5)repairs ac -dr. 25000

Tocash ac. 25000

7)purchase ac-dr. 220000

To Ajay ac. 100000

To Vijay ac. 120000