The following journal entries hace been made by learner.You are required to make correct entries wherever you think them to be wrong :
(i) Proprietor brought capital into Business
Capital A/c ................... Dr.
To Cash A/c
(ii) Goods Sold for Cash
Cash A/c ................... Dr.
To Goods A/c
(iii) Machinery Purchased in Cash
Purchases A/c ................... Dr.
To cash A/C
(iv) Goods sold to Ram for cash
Ram A/c ................... Dr.
To Sales A/c
(v) Salary paid to the Accountant
Accountant’s personal A/C............. Dr
To Salary A/c
(vi) Rent paid in advance
Prepaid Rent A/c ................... Dr
To Cash A/c
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Answer:
Option a is your answer
Explanation:
Option a is your answer
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