You are required to pass necessary journal entries in the books of Kewal: (i) Cheque amounting ` 9,000 from Hari Krishan in full settlement of his account for ` 10,000. (ii) (iii) Withdrawn for person

Question

Rhythm · Answer

[4/21, 13:10] Rhythm Bijlani: I) Bank a/c Dr. 9000 Discount allowed a/c Dr. 1000 To Hari. 10000 [4/21, 13:11] Rhythm Bijlani: II) Drawings a/c. Dr. 7000 To Purchase a/c 6000 To cash a/c. 1000 [4/21, 13:13] Rhythm Bijlani: III) Free Samples. a/c Dr. 3000 To purchase a/c. 3000 [4/21, 13:15] Rhythm Bijlani: IV) Cash a/c. Dr. 1000 To commission a/c 5000 To Advance commission a/c. 5000 [4/21, 13:15] Rhythm Bijlani: V). Machinery a/c. Dr. 30000 To Bank a/c 30000 [4/21, 13:16] Rhythm Bijlani: VI ) Machinery a/c Dr. 9000 To Purchase a/c 9000

Alok · Answer

Maintenance 12000 to machinery 12000

Alok · Answer

Machinery to bank 30000

Alok · Answer

Commission 5000 to commission in advance 5000

Alok · Answer

Cash 5000 to commission 5000

Alok · Answer

Advertisement as free sample 4000 to purchase 4000

Alok · Answer

Drawings 8000 to purchase 8000 and drawing 1000 to cash 1000

Alok · Answer

Bank 9000 discount 1000 to hari krishnan

Alok · Answer

Bro only entries ok

You are required to pass necessary journal entries in the books of Kewal: (i) Cheque amounting ` 9,000 from Hari Krishan in full settlement of his account for ` 10,000. (ii) (iii) Withdrawn for person

9 answers

Ask your doubt in the Studycaller app