1.) mr kishore exarted business with Cash Rs 100000 and goods RS 20000
e) the bought motor Cycle for personal use
Rs 5oooo
3) Rent due but not paid Rs 1000
in accounting equation
pls give answer in separately like assets liabilities and capital
Answers
Answered by
2
Step-by-step explanation:
52000 or 51000 is the answer
Answered by
2
Answer:
1)bank a/c. Dr. 100000
to capital a/c. 100000
purchase a/c. Dr. 20000
to bank a/c. 20000
2) drawing a/c. Dr. 50000
to bank a/c. 50000
3)rent a/c. Dr. 1000
to outstanding rent. 1000
liabilities:
1) capital less drawing (100000-50000)
2) outstanding rent 1000
assets:
1) purchase. 20000
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