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how to do journal???
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Answer / nareshkumar
journal means any transaction in the business it will be
entered in the a/c
any purchases comes under dr
any person receiving money or goods that comes under dr
any sales comes under cr
any person giving money or dooods that comes under cr
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Answer / mr.eezy
from the following transactions prepare journal entries:
1- mr.mohammed started a business , with capital 200,000
2- deposited cash into bank 150,000
3- sold goods to mr.rajue 12,500 (on credit)
4- sold good to mr.sirah 11,000
5- purchased goods for cash 5,000
6- rent paid 5,000
7- paid advertisment expenses 2800
End__
my Question
how to know the name of a/c?
also oventuran ?
i cant understand Dr and cr i need exsamples for each one
| Is This Answer Correct ? | 0 Yes | 4 No |
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