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
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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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