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Journal entries

Santhosh
30/12/2018 0 0

Basically all the students are facing some problems with regard to pass journal entries 

Here am giving some tips to follow so u can easily pass entries without rules 

1.purchase goods for cash 

Here when u are purchasing what is coming in goods is comes and out goes out cash 

Purchase ac 

To cash alc 

2 sale goods for cash 

Same what is coming in cash and what goes out cash 

Cash a/c 

To sales account 

3.paid rent 

Cash is going out and reason is expenses 

Rent 

To cash 

 

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