Solutions of 11 Accounts | NEB 11 Accounts Solutions
Journal Entries of Kushal Traders Date Particulars L.F. Debit (Rs.) Credit (Rs.) Magh 01 Cash A/c Dr. Furniture A/c Dr. To Capital A/c (Being business started with cash and furniture) 5,00,000 1,00,000 6,00,000 Magh 04 Purchase A/c Dr. To Himalayan Suppliers A/c (Being goods purchased at 10% trade discount) 72,000 72,000 Journal Entries: Kushal Traders (Contd.) Date Particulars L.F. Debit (Rs.) Credit (Rs.) Magh 08 Bank A/c Dr. To Cash A/c (Being cash deposited into bank - Contra E...