Question

Journalize the following transitions in the book of Shristi suppliers

2077-08-3 sold old computers worth Rs 30,000 by cash
2077-08-5 Purchased furniture worth Rs 70,000 from furniture house on credit
2077-08-20 Paid salary to the staff Rs.40,000 by cash
2077 -8-21 Received a cheque of Rs 70,000 against the goods sold .

Answer 1

sales account debited Rs.30000

To computer accounted Rs. 30000

Furniture account debit Rs.70000

To Furniture house account Rs.70000

salary account debit Rs 40000

To cash account Rs 40000

Bank account debit Rs 70000

To sales account Rs70000