Question

$class11 \: commerce$
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Answer 1

a) Cash a/c dr ____20000

To capital a/c _____20000

( Being capital introduced)

b) purchase a/c dr ____20000

To cash a/c __________18000

To discount received a/c _2000

(Being goods purchased and payment made by 10% discount)

c) Cash a/c dr _________4750

Discount allowed a/c dr__250

To sales a/c ___________5000

( Being the goods sold and cash discount 5%)

d) Wages a/c dr_____300

Rent a/c dr ________200

To cash a/c ________500

( Being wages and rent paid )

Or

wages a/c dr _____300

To cash a/c dr_____300

(Being amount paid for wages)

Rent a/c dr ______200

To cash a/c ______200

(Being amount paid for rent)

e) Cash a/c dr______4800

Discount allowed dr___200

To sharma a/c _______5000

( Being cash received in full settlement)

f)Cash a/c dr _____200

To commission received 200

(Being commission received by cash )

• and

Cash a/c dr ________300

To rent received a/c ___300

( Being rent received by cash)

g) Charity a/c dr ______400

To purchase a/c ______400

( Being the goods given as charity)

hope it's helpful