Pass journal entries for the following transactions: (i) Purchased machinery from Lohia Ltd of 1,20,000 (ii) Purchased

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Pass journal entries for the following transactions:

(i) Purchased machinery from Lohia Ltd of ₹1,20,000

(ii) Purchased furniture from Gulab Enterprises of ₹35,000

(iii) Paid to Lohia Ltd by cheque ₹1,20,000

(iv) Written off depreciation on machinery ₹3,000

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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Question Posted: Dec 19, 2023 06:17 AM

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Pass journal entries for the following transactions: (i) Purchased machinery from Lohia Ltd of 1,20,000 (ii) Purchased

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Date Journal Proper General Journal V No Particulars Machinery ac Dr To Lohia L...View the full answer

Financial Accounting

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