Accountancy, asked by arvindec7964, 11 months ago

What is the journal entry of goods donated to poor people on personal account rupees 5000 and on business account rupees 7000

Answers

Answered by majhistiti531

8

Answer:

Explanation: donation A/c debited with 12000 and 5000 credited from capital A/c and 7000 credited from cash A/c...

Attachments:

Answered by ashugarg1800

5

Answer:drawing a/c dr. 5000

To purchase a/c. 5000

Donations a/c dr. 7000

To purchase a/c. 7000

Explanation:

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