What will be the journal entry for the following -
1)Goods purchased from Mohan for Rs 5000
2)Goods purchased from Mohan on credit Rs 3000
3)Salary paid to Mohan
4)A sum of Rs 120 is realized on the sale of old furniture

Answer Posted / arju

Also pls tell me what will be the journal entry for Goods
sold at Rs200 (without any sold to party name)

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