Question

wage paid rs 350 interest received rs 1200 sold goods to babu rs 15000 sold goods for cash rs 4000 salary paid rs 3500
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Answer 1

Answer:

What to do in this Question

Answer 2

i guess journal entries are to be passed.

1. wages a/c dr ₹350
to cash a/c ₹350

2. cash a/c dr ₹1200
to interest recd a/c ₹1200

3. cash a/c dr ₹4000
to sales a/c ₹4000

4. salary a/c dr ₹3500
to cash a/c ₹3500