Question

1.started business with cash 20000 goods 30000 and furniture 10000 , 2.bought goods on credit from ram 25000 3.bought good for cash 10000 4.returned goods to ram worth 4000 5.sold goods costing 20000 for 26000 in cash 6. settled the account of ram at a discount of 1000 7.charge interest on capital 3000

Answer 1

Answer:

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