Question

1. KAMAL STARTED BUSINESS WITH CASH RS. 100000
2. BOUGHT GOODS FOR CASH RS. 13500
3. OPEN BANK ACCOUNT WITH CASH RS. 50000
4. SOLD GOODS FOR CASH RS. 40000
5. BOUGHT GOOD FROM SURYA ON CREDIT RS. 30000
6. SOLD GOODS TO RAKESH ON CREDIT RS. 25000
7. PURCHASED PLAN & MACHINERY AND PAYMENT DONE BY CHECK RS. 600
8. PAID TO SURYA IN CASH RS. 1000
9. GOODS RETURN TO SURYA RS. 1000
10. RECEIVE LOAN FROM ANIL & DEPOSITED INTO BANK RS. 8000
11. WITHDRAW FROM BANK FOR PERSONAL USE RS. 5000
12. PAID TO SURYA BY CHECK RS. 8000
13. RECEIVE CASH FROM RAKESH RS. 10000
14. PURCHES STATIONERY BY CASH RS. 200
15. PAID WAGES & SALARY RS. 1000

Answer 1

Answer:

1- cash a/c. Dr. 100000

To capital A/c. 100000

2- Purchase A/c. Dr. 13500

To Cash A/c. 13500

3-Bank a/c. Dr. 50000

To Cash A/c. 50000

4- cash a/c. Dr. 40000

To sales a/c. 40000

5- Purchase a/c Dr. 30000

To Surya a/c. 30000

6- Rakesh a/c. Dr. 25000

To sales a/c. 25000

7- purchase a/c. Dr. 600

to Bank a/c. 600

8- Cash a/c Dr. 1000

To Surya a/c. 1000