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Question Deri is a sole trader dealing in automobiles. From the following transactions, pass journal entries for the month of January, 2018. 1 Commenced business
Question
Deri is a sole trader dealing in automobiles. From the following transactions, pass journal entries for the month of January, 2018.
1 Commenced business with cash 100,000, with goods 200,000 and with buildings 500,000
2 Purchased goods from A and Co. on credit 300,000
4 Purchased goods from B and Co. and payment made through credit card 5,000
5 Paid A and Co. through cheque
6 Sold goods to C and Co. and cheque received 50,000
8 Purchased goods from Z & Co. and paid through debit card 12,000
9 Stationery purchased for and paid through net banking 6,000
10 Income tax of Deri is paid by cheque 10,000
Deri is a sole trader dealing in automobiles. From the following transactions, pass journal entries for the month of January, 2018.
1 Commenced business with cash 100,000, with goods 200,000 and with buildings 500,000
2 Purchased goods from A and Co. on credit 300,000
4 Purchased goods from B and Co. and payment made through credit card 5,000
5 Paid A and Co. through cheque
6 Sold goods to C and Co. and cheque received 50,000
8 Purchased goods from Z & Co. and paid through debit card 12,000
9 Stationery purchased for and paid through net banking 6,000
10 Income tax of Deri is paid by cheque 10,000
Deri is a sole trader dealing in automobiles. From the following transactions, pass journal entries for the month of January, 2018.
1 Commenced business with cash 100,000, with goods 200,000 and with buildings 500,000
2 Purchased goods from A and Co. on credit 300,000
4 Purchased goods from B and Co. and payment made through credit card 5,000
5 Paid A and Co. through cheque
6 Sold goods to C and Co. and cheque received 50,000
8 Purchased goods from Z & Co. and paid through debit card 12,000
9 Stationery purchased for and paid through net banking 6,000
10 Income tax of Deri is paid by cheque 10,000
Deri is a sole trader dealing in automobiles. From the following transactions, pass journal entries for the month of January, 2018.
1 Commenced business with cash 100,000, with goods 200,000 and with buildings 500,000
2 Purchased goods from A and Co. on credit 300,000
4 Purchased goods from B and Co. and payment made through credit card 5,000
5 Paid A and Co. through cheque
6 Sold goods to C and Co. and cheque received 50,000
8 Purchased goods from Z & Co. and paid through debit card 12,000
9 Stationery purchased for and paid through net banking 6,000
10 Income tax of Deri is paid by cheque 10,000
Deri is a sole trader dealing in automobiles. From the following transactions, pass journal entries for the month of January, 2018.
1 Commenced business with cash 100,000, with goods 200,000 and with buildings 500,000
2 Purchased goods from A and Co. on credit 300,000
4 Purchased goods from B and Co. and payment made through credit card 5,000
5 Paid A and Co. through cheque
6 Sold goods to C and Co. and cheque received 50,000
8 Purchased goods from Z & Co. and paid through debit card 12,000
9 Stationery purchased for and paid through net banking 6,000
10 Income tax of Deri is paid by cheque 10,000
Deri is a sole trader dealing in automobiles. From the following transactions, pass journal entries for the month of January, 2018.
1 Commenced business with cash 100,000, with goods 200,000 and with buildings 500,000
2 Purchased goods from A and Co. on credit 300,000
4 Purchased goods from B and Co. and payment made through credit card 5,000
5 Paid A and Co. through cheque
6 Sold goods to C and Co. and cheque received 50,000
8 Purchased goods from Z & Co. and paid through debit card 12,000
9 Stationery purchased for and paid through net banking 6,000
10 Income tax of Deri is paid by cheque 10,000
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
978-0471737933
