Question

1. arun started business with cash 40000 machine 10000 and goods 20000
2.goods purchased from rohit rupees 30000 at td 10 percent CD 2 percent 40 percent amount paid in cash
drawn an journal entries ​

Answer 1

Explanation:

1. cash a/c dr. 40000

machine a/c. dr 10000

purchase/goods a/c dr 20000

to capital a/c 70000

2. purchase a/c dr. 30000

to cash a/c 12000

to td a/c 3000

to cd a/c. 600

to debtor a/c. 14400

mark brain list plz

Answer 2

Answer:

started business with cash goods machine