what is the journal entry of :-
( with narration)
a) bought a building rs 2,00,000from sangita, paid in cash
b) machine purchased,paid in cheque Rs 35, 000
c) building sold rs 87, 00,000
d) sold vehicle,received cheque of rs90, 000
e) purchased plant from Rajesh on credit rs, 90,000
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Answer:
a- Purchase A/c Dr. 2,00,000
To cash A/c. 2,00,000
b- Bank A/c. Dr. 35,000
To cash A/c. 35,000
c- Bank a/c Dr. 87,00,000
To sales A/c. 87,00,000
d- Bank A/c. Dr. 90,000
To sales A/c. 90,000
e- Purchase A/c. Dr. 90,000
To Rajesh A/c. 90,000
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