Question

1. Raman Starts Business with cash 3,00,000, bank balance 1,20,000, Stock
1,80,000 furniture 1,00,000, creditor 80,000.
2. 20% goods sold by adding 30% Profit to Ashok, he paid 30% in cash and 20% by cheque.
3. Sold 1/4th goods to Ram by Adding 60% Profit in cost. he paid 30% in cash 40%
by cheque and Accept a bill of exchange for 3 Months.
4. Goods destroyed by fire 12,000. Goods given in charity 2,000 goods taken for personal use by Rama
Rs. 4,000, Plus cash 10,000.
5. Raman introduces additional capital Rs. 40,000 in form of bank balance, and Rs. 60,000 in form of
goods.
6. Provide Interest on capital Rs. 40,000.
7. Charge interest on drawings @ 10%.
8. Purchased stationary Rs. 10,000 paid by cheque.
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Answer 1

Answer:

Explanation:

Cash a/c

Bank a/c

stock a/c

Furniture a/c

Creditor

To capital