Identicy the accound and tebited in the following d identify the ty Pe of Voucher and Lentify that will be debiled trans actions the grokp of aCount S- at the Or the transac Date Transactions 1-1-2020 Started Techno Enterprises by investing Rs. 700,000 Purchased the following items for cash. A 5% VAT is applicable on all products 2-1-2020 Name of the Item Units Rate per unit Smart LED Television - Samsung 35,000 Smart LED Television - Sony 5 40,000 Smart LED Television- LG 10 25,000 Sold the following items for cash Name of the Item Units Rate per unit Smart LED Television - Samsung 40,000 31-1-2020 Smart LED Television – Sony 4 42,000
Identicy the accound and tebited in the following d identify the ty Pe of Voucher and Lentify that will be debiled trans actions the grokp of aCount S- at the Or the transac Date Transactions 1-1-2020 Started Techno Enterprises by investing Rs. 700,000 Purchased the following items for cash. A 5% VAT is applicable on all products 2-1-2020 Name of the Item Units Rate per unit Smart LED Television - Samsung 35,000 Smart LED Television - Sony 5 40,000 Smart LED Television- LG 10 25,000 Sold the following items for cash Name of the Item Units Rate per unit Smart LED Television - Samsung 40,000 31-1-2020 Smart LED Television – Sony 4 42,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
1
Transcribed Image Text:Identicy the account thet will be
and debited in the following trans ac Hions
nd identifu the ty Pe of Voucher and
lentify the group of acount s.
debiled
at the or the transac
Is.
Date
Transactions
1-1-2020
Started Techno Enterprises by investing Rs. 700,000
Purchased the following items for cash. A 5% VAT is applicable on all
products
2-1-2020
Name of the Item
Units
Rate per unit
Smart LED Television - Samsung
35,000
Smart LED Television – Sony
40,000
Smart LED Television - LG
10
25,000
Sold the following items for cash
Name of the Item
Units
Rate per unit
Smart LED Television - Samsung
4
40,000
31-1-2020
Smart LED Television – Sony
4
42,000
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