Question

1. 2. 3. A Prepare a chart showing Analysis of the following transactions in a Tabular forma to Traditional Approach: Rajasaheb started business with cash 85,000. Goods Purchased for cash 5,000. Sold goods on credit worth * 6,000. Cash deposited into Bank of Maharashtra 12,000. 5. Interest received 700 from Radhika. Paid Rent 2,000 to landlord. Bought goods on credit from Birajmohan *7,000. Withdrew cash from bank * 1,000 for office use. 9. Purchased computer * 9,000 for cash. 6. 7. 8. 10. Paid Mobile bill (office) 500. 11. Sold old Mobile 2,000. 12. Received Rent 1,000 from tenant. 42​

Answer 1

Answer:

Explanation:

Cash A/C

To capital A/C ₹85,000

Purchase A/C

To Cash A/C ₹5,000

Answer 2

Answer:

Cash A/C

To capital A/C ₹85,000

Purchase A/C

To Cash A/C ₹5,000