1)What will be the journal entry for these?
a) Salary paid to Ganesh
b)Sum of Rs 200 realized for sale of old furniture
2)Goods sold on credit for Rs 100
Answer Posted / ashish
1. Salary A/c Dr.
To Cash A/c
2. Cash A/c Dr.
To Furniture a/c
(if sold furniture exists in gross block if it is not then
P&l a/c would be credited.)
3.Debtors a/c Dr.
To sales A/c
Is This Answer Correct ? | 5 Yes | 3 No |
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