Question

(1) Started business with cash 30,000 and Bank * 20,000.
(11) Purchased goods worth 5,000 for cash at trade discount 20% and cash discount 5%.
(m) Purchased Furniture for cash worth 10,000 and carriage charges 100 paid.
(iv) 252 paid to Purohit for offering worship out of which 101 for proprietor's house.
(v) Goods taken by proprietor 300.
(vi) Sold goods worth 6,000 to Ramesh.
(vii) Received cash 2,000 and cheque 4,000 from Ramesh. The cheque was not deposited
into Bank
(viii) Cheque received from Ramesh deposited into Bank.

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Answer 1

Answer:cash a/c. Dr. 30000

Bank a/c. Dr. 20000

To capital a/c. 50000

Purchase a/c. Dr. 4000

To cash a/c. 3800

To Discount a/c 200

Furniture a/c. Dr. 10000

Carriage outward a/c. 100

To cash a/c. 10100

Drawing a/c. Dr. 101

Workshop a/c. Dr. 151

To cash a/c. 252

Drawing a/c. Dr. 300

To purchase a/c. 300

Ramesh dr. 6000

To sales a/c. 6000

Cash a/c. Dr. 2000

Cheque in hand a/c. 4000

To ramesh. 6000

Bank a/c. Dr. 4000

To cheque in hand a/c. 4000

Explanation:you can wright the proper name of expance in the place of workshop expance

Answer 2

Answer:started business with cash ₹30000 and bank ₹20000

Explanation: