1:- Ravi started business for cash 80,000 Bank 40,000. Stock 50,000
2:- sold goods Rs 30,000 which is 40% on cash and 33.33% of profit on credit to ravi
3:- Withdrew for personal use goods Rs 1000.
4:- wages paid Rs 500 and salary outstanding Rs 1000.
5:- Received commission Rs 200.
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Explanation:
cash a/c dr
banka/c dr
stocka/c dr
to captal a/c
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