#3 JOURNAL ENTRIES | Modern Approach | Accounting Equation | Accountancy XI |
Автор: The Commerce Epicenter
Загружено: 2020-08-14
Просмотров: 587
In this video, I have explained the procedure of passing journal entries using modern approach taking Accounting Equation as base.
The Question solved in this video :
1. Mr. A invested Rs. 50,000 into the business.
2. Purchased furniture worth Rs. 20,000.
3. Purchased Goods for cash Rs. 22,000.
4. Goods worth Rs. 8,000 purchased from Rastogi on credit.
5. Sold goods for cash Rs. 7,000.
6. Paid rent Rs. 750.
7. Paid salary to manager Sh. Sham Lal Rs. 5,000.
8. Deposited cash into bank Rs. 20,000.
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#Journal #Modern_Approach #The_Commerce_Epicenter

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