Question

1 jan started business with cash rs 100000/- 2 jan goods purchased for rs 40000/- 3 jan sold goods to amit for rs 10000/- 4 jan paid salary rs 5000/- 5 furniture purchased forced rs.20000/​

Answer 1

Answer:

Journal Entries

Explanation:

1st Jan

Cash A/c                            Dr.        1,00,000

     To capital A/c                                               1,00,000

(being business started with cash)

2nd Jan

Purchase A/c                     Dr.           40,000

      To Cash A/c                                                     40,000

(being goods purchased for cash)

3rd Jan

Amit                                      Dr.           10,000

       To Sales A/c                                                    10,000

(Being goods sold to Amit )

4th Jan

Salary A/c                              Dr.            5,000

             To Cash A/c                                               5,000

(Being salary paid )

5th Jan

Furniture A/c                           Dr.            20,000

             To Cash A/c                                                  20,000

(Being furniture purchased for cash)

Hope this helps you dear :-)

Mark as Brainliest