Accountancy, asked by arvindec7964, 1 year 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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