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Enter the following transaction in the …

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Enter the following transaction in the journal of Ganesh and son 1- Ganesh and son started business with rupees 11500. 2- Purchased good for cash 15000. 3- purchased good from subhash 10000. Purchased furniture for cash 12600. 5- paid cash to subhash 7000. 6- purchased good from Ravi for Cash 2500. 8- Baught machinery for cash 9000. 9 paid rent 800.
  • 1 answers

Namita Agarwal 5 years, 3 months ago

Cash A/C             Dr.   11,500

                             To capital A/C 11,500

Purchase A/C       Dr.  15,000

                          To cash A/C    15,000

Purchase  A/C       Dr.   10,000

                         To Subhash A/C  10,000

Furniture  A/C     Dr. 12,600

                          To cash A/C     12,600

Subhash A/C     Dr.7,000

                           To cash A/C    7,000

Purchase A/C      Dr.  2,500

                           To cash A/C   2,500

Machinery A/C  Dr.9,000

                             To cash A/C 9,000

Rent A/C    Dr.  800

                        To cash A/C 800

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