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Pass the necessary journal entry and post them to ledger accounts 2020 Mr. X commenced business and have furnished the following- Pass the necessary journal
Pass the necessary journal entry and post them to ledger accounts 2020 Mr. X commenced business and have furnished the following-
Pass the necessary journal entry and post them to ledger accounts 2020 - MR X commenced business and have furnished the following- January - 1 Started business with cash 10000 & goods 10000 2-Cash purchases - 15000 3-Sold goods to Alex -25000 on account 4-Deposited into bank-50000 5-Withdrew cash 5000 & goods worth 5000 for personal use 6-Received from Alex through cheque-15000 11 - Received Rent-2000, 12-Received in full settlement from Alex - 10000 In cash. 15- Salaries paid-12000. 20-Paid for stationary-500 ActiStep by Step Solution
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