Accountancy, asked by chauhananamika024, 1 month ago


solve \: this \: pls

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Answers

Answered by sagarkag1947
0

Answer:

you haven't mentioned what the question is. is it journal entries? I'm assuming so.

if so then here's the answer-

paid salaries:

Salaries Ac _dr 25,000

To Bank Ac 25,000

(being salary paid.)

________________

purchase stationary:

Stationary Ac _dr 2,500

To Cash Ac 2,500

(being the purchase of stationary.)

_______________

Discount allowed:

Cash/ Bank Ac _Dr (x)

Discount Allowed Ac _Dr 500

To (Buyer's Account if good sold on credit. Sales Ac if good sold on cash and not credit) (500+ x)

(being discount allowed on sale of goods)

_______________

Note:

dont be confused about where to write cash ac and where to write bank ac.

if it is mentioned that the transaction was cash, it is cash (or bank). if it is a person's name given and no mentioning of cash then it is credit transaction so it'll be name of the person.

if it is a non-credit (ie, cash) transaction, write bank ac for amount above 10,000 and cash for amount upto 10,000 (unless ofcourse it's mentioned otherwise).

if you get a journal entry where they say something like "received cheque" and another journal in the same sum- "deposited cheque with the bank or in the bank" , in such case the former's journal entry for cheque will be as a cash transaction. and the latter will be bank transaction.

eg-

Jan 5 Received cheque from Sam

Jan 6 Deposited Sam's cheque in Bank

journal:

jan 5 Cash ac _Dr

To Sam Ac

(being cheque received from Sam)

jan 6 Bank ac _Dr

To Cash ac

(being cheque from Sam deposited into bank)

(hope my answer was helpful to you. please mark me the brainliest, I'll be very grateful!)

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