write the journal entries of
6.paid for trade expenses 700
7.cash received from ramesh 29,500 discount allowed 500
8.goods purchase for sudhir 27,000
9.cartage paid 1,000
10.drew cash for personal use 5,000
11.goods use for house hold 2,000
12.cash paid to sudhir 26,700 discount allowed 300
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Answer:
6.expenses a/c-----dr 700
tocasha/c 700
7.cash a/c--------dr 29500
to ramesh a/c 29000
to discount allowed a/c 500
8.purchases a/c--------dr 27000
to sudhir a/c 27000
9.expenses a/c-------dr 1000
to cash a/c 1000
10.drawings a/c---------dr 5000
to cash a/c 5000
12.sudhir a/c--------dr 26700
tocash a/c 26400
to discount allowed a/c 300
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