write juornal entry for the following
(a) Sunil started business with 1,40,000 cash and goods worth * 60,000
(b) Purchased furniture worth 20,000 by cash
(c) Depreciation on furniture 800
(d) Deposited into bank * 40,000
(e) Paid electricity charges through net banking 500
(f) Sold goods to Ravi costing 10,000 for 15,000
(g) Goods returned by Ravi * 7,500 (costing 5,000)
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Answer:
a . cash a/c....dr 1,40,000
stock a/c.....dr 60,000
To capital a/c 2,00,000
b. furniture a/c......dr. 20,000
To cash a/c 20,000
c. depreciation a/c .....dr 800
To furniture a/c 800
d. bank a/c...dr 40,000
To cash a/c 40,000
e. electricity charges a/c....dr. 500
To bank a/c 500
f. Ravi a/c .......dr 15,000
To sales a/c 15,000
g. sales return a/c......dr 7,500
To cash a/c 7,500
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Answer:
I hope it may helps you thank you
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