How to journalize?

Rajesh Raman ( ) (292 Points)

08 March 2016  

X is a proprietor doing the business of distributor of D2H  and sales and services of electronic devices ie:- Samsung, LG, Sony  TV How to Journalize  the following transaction

  • Spare item purchased = It is used for accompanied with the main product = eg wall bracket is used to fix LCD TV on wall
  • Is the Conveyance allowance paid to staff is accounted as Conveyance allw. Or Travelling Exp
  • Incentive paid for servicing
  • Festival allowance paid
  • Cable tv subscriptttion
  • Plastic chair, table purchased for office
  • Proprietors personal Telephone bill