Can you explain the answer of this question below:
Goods costing Rs. 5,000 given to a worker towards wages Rs. 5,000. Market price of goods is Rs. 6,000. Journal entry will be 
  • A:
    Wages A/c Dr. Rs. 6,000 
    To Sales A/c Rs. 6,000
  • B:
    Wages A/c Dr. Rs. 5,000 
    To Purchases A/c Rs. 5,000
  • C:
    Wages A/c Dr. Rs. 5,000
    To Cash A/c Rs. 5,000
  • D:
    None of the above 
The answer is b.

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Answers

Abc
May 20, 2018
In the above transaction, Goods given can not be treated as sale, & There is also no cash inflow....... There is jst a transfer from purchases A/c to wages A/c...........So, The answer is 'B'

In the above transaction, Goods given can not be treated as sale, & There is also no cash inflow....... There is jst a transfer from purchases A/c to wages A/c...........So, The answer is 'B'
In the above transaction, Goods given can not be treated as sale, & There is also no cash inflow....... There is jst a transfer from purchases A/c to wages A/c...........So, The answer is 'B'