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Classify them and state whether it is to be debited or credited.
A - Purchased furniture for cash - 75,000

B - Purchased machinery from Gamma ltd. on credit - 2,00,000

C - Rent Paid - 2,500

D - Received Commission - 12,000

E - Received cash from Sudheer and company - 20,000

F - Addictional Capital introduced to business - 1,00,000

G - Paid cash to Ralmal Bros - 18,000
H - Paid Carriage - 5,000

I - Goods purchased from Shyam & Co on credit - 10,000

J - Goods sold for cash - 25,000?
Most Upvoted Answer
Classify them and state whether it is to be debited or credited. A - P...
1) Furniture a/c_Dr 75000
To cash a/c 75000
2) Machinery a/c_Dr 200000
To Gamma ltd 200000
3) Rent a/c _ Dr 2500
To cash a/c 2500
4) Cash a/c _ Dr 12000
To commission a/c 12000
5) Cash a/c _ Dr 20000
To Sudhir & company 20000
6)Cash a/c _ Dr 100000
To capital 100000
7) Ralmal Bros___ Dr 18000
To cash a/c 18000
8) carriage a/c ___ Dr 5000
To cash a/c 5000
9)purchases a/c __ Dr 10000
To Shyam & co 10000
10) cash a/c ____ Dr 25000
To sales a/c 25000
Community Answer
Classify them and state whether it is to be debited or credited. A - P...
A-FurnitureA/c Dr 37500
purchaseA/C Dr 37500
To cash A/C 75000


B-Machinery A/c Dr 200000
To purchaseA/c 200000

C- RentA/c Dr 2500
To cashA/c 2500

D-cashA/C Dr 12000
To commission received A/c 12000

E-CashA/C Dr 20000
To sudheerA/C 20000

F-CashA/C Dr 100000
To capital A/c 100000

G-cashA/c Dr 18000
To Ralmal BrosA/c 18000

H- CarriageA/C Dr 5000
To cash A/C 5000
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Classify them and state whether it is to be debited or credited. A - Purchased furniture for cash - 75,000 B - Purchased machinery from Gamma ltd. on credit - 2,00,000 C - Rent Paid - 2,500 D - Received Commission - 12,000 E - Received cash from Sudheer and company - 20,000 F - Addictional Capital introduced to business - 1,00,000 G - Paid cash to Ralmal Bros - 18,000 H - Paid Carriage - 5,000 I - Goods purchased from Shyam & Co on credit - 10,000 J - Goods sold for cash - 25,000?
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Classify them and state whether it is to be debited or credited. A - Purchased furniture for cash - 75,000 B - Purchased machinery from Gamma ltd. on credit - 2,00,000 C - Rent Paid - 2,500 D - Received Commission - 12,000 E - Received cash from Sudheer and company - 20,000 F - Addictional Capital introduced to business - 1,00,000 G - Paid cash to Ralmal Bros - 18,000 H - Paid Carriage - 5,000 I - Goods purchased from Shyam & Co on credit - 10,000 J - Goods sold for cash - 25,000? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Classify them and state whether it is to be debited or credited. A - Purchased furniture for cash - 75,000 B - Purchased machinery from Gamma ltd. on credit - 2,00,000 C - Rent Paid - 2,500 D - Received Commission - 12,000 E - Received cash from Sudheer and company - 20,000 F - Addictional Capital introduced to business - 1,00,000 G - Paid cash to Ralmal Bros - 18,000 H - Paid Carriage - 5,000 I - Goods purchased from Shyam & Co on credit - 10,000 J - Goods sold for cash - 25,000? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Classify them and state whether it is to be debited or credited. A - Purchased furniture for cash - 75,000 B - Purchased machinery from Gamma ltd. on credit - 2,00,000 C - Rent Paid - 2,500 D - Received Commission - 12,000 E - Received cash from Sudheer and company - 20,000 F - Addictional Capital introduced to business - 1,00,000 G - Paid cash to Ralmal Bros - 18,000 H - Paid Carriage - 5,000 I - Goods purchased from Shyam & Co on credit - 10,000 J - Goods sold for cash - 25,000?.
Solutions for Classify them and state whether it is to be debited or credited. A - Purchased furniture for cash - 75,000 B - Purchased machinery from Gamma ltd. on credit - 2,00,000 C - Rent Paid - 2,500 D - Received Commission - 12,000 E - Received cash from Sudheer and company - 20,000 F - Addictional Capital introduced to business - 1,00,000 G - Paid cash to Ralmal Bros - 18,000 H - Paid Carriage - 5,000 I - Goods purchased from Shyam & Co on credit - 10,000 J - Goods sold for cash - 25,000? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Classify them and state whether it is to be debited or credited. A - Purchased furniture for cash - 75,000 B - Purchased machinery from Gamma ltd. on credit - 2,00,000 C - Rent Paid - 2,500 D - Received Commission - 12,000 E - Received cash from Sudheer and company - 20,000 F - Addictional Capital introduced to business - 1,00,000 G - Paid cash to Ralmal Bros - 18,000 H - Paid Carriage - 5,000 I - Goods purchased from Shyam & Co on credit - 10,000 J - Goods sold for cash - 25,000? defined & explained in the simplest way possible. Besides giving the explanation of Classify them and state whether it is to be debited or credited. A - Purchased furniture for cash - 75,000 B - Purchased machinery from Gamma ltd. on credit - 2,00,000 C - Rent Paid - 2,500 D - Received Commission - 12,000 E - Received cash from Sudheer and company - 20,000 F - Addictional Capital introduced to business - 1,00,000 G - Paid cash to Ralmal Bros - 18,000 H - Paid Carriage - 5,000 I - Goods purchased from Shyam & Co on credit - 10,000 J - Goods sold for cash - 25,000?, a detailed solution for Classify them and state whether it is to be debited or credited. A - Purchased furniture for cash - 75,000 B - Purchased machinery from Gamma ltd. on credit - 2,00,000 C - Rent Paid - 2,500 D - Received Commission - 12,000 E - Received cash from Sudheer and company - 20,000 F - Addictional Capital introduced to business - 1,00,000 G - Paid cash to Ralmal Bros - 18,000 H - Paid Carriage - 5,000 I - Goods purchased from Shyam & Co on credit - 10,000 J - Goods sold for cash - 25,000? has been provided alongside types of Classify them and state whether it is to be debited or credited. A - Purchased furniture for cash - 75,000 B - Purchased machinery from Gamma ltd. on credit - 2,00,000 C - Rent Paid - 2,500 D - Received Commission - 12,000 E - Received cash from Sudheer and company - 20,000 F - Addictional Capital introduced to business - 1,00,000 G - Paid cash to Ralmal Bros - 18,000 H - Paid Carriage - 5,000 I - Goods purchased from Shyam & Co on credit - 10,000 J - Goods sold for cash - 25,000? theory, EduRev gives you an ample number of questions to practice Classify them and state whether it is to be debited or credited. A - Purchased furniture for cash - 75,000 B - Purchased machinery from Gamma ltd. on credit - 2,00,000 C - Rent Paid - 2,500 D - Received Commission - 12,000 E - Received cash from Sudheer and company - 20,000 F - Addictional Capital introduced to business - 1,00,000 G - Paid cash to Ralmal Bros - 18,000 H - Paid Carriage - 5,000 I - Goods purchased from Shyam & Co on credit - 10,000 J - Goods sold for cash - 25,000? tests, examples and also practice Commerce tests.
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