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I didn't understand this sum

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Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

13-Jul-20

67

Answers (5)

Which part didnt you understand


sudha reddy

sudha reddy

Moderator

13-Jul-20

I didn"t understand the question and also how to write transcations


Thread Starter

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

13-Jul-20

sudha reddy Moderator

Which part didnt you understand

I didn't undeestand the question properly


Thread Starter

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

13-Jul-20

Thread Starter

Prasanth kumar Kamisetty

I didn"t understand the question and also how to write transcations

Salaries A/c Dr. 1,00,000 To Purchases A/c 1,00,000 (Being inventory used by employees and charged from salaries, as this amount is included in purchases already) Machinery A/c Dr. 18,000 To Wages paid A/c (Being wages paid for installation is capitalised) Drawings A/c Dr. 1,00,000 To Income Tax A/c (Being amount used for personal expenses charged to capital account as drawings) Purchases A/c Dr. 2,00,000 To Naveen A.c 1,75,000 To Discount received 25,000


sudha reddy

sudha reddy

Moderator

13-Jul-20

Thank you mam


Thread Starter

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

13-Jul-20

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