Question

1. commenced business with cash Rs.1,00,000
2. Salary paid Rs. 20,000
3. Salary paid in advance Rs. 10,000
4. Salary outstanding Rs.5,000
5. Commission received Rs. 30,000
6. Commission paid in advance Rs .2,000
7.Commission received in advance Rs .5,000​

Answer 1

Answer:

ledger- capital- capital account

cash- case in hand

voucher- (f6) receipt voucher

cash- Dr

capital account- Cr.