Question

1/ started business with cash $5000
2/ bought furniture on credit from courts $2000
3/ bought goods by cash $1000

Answer 1

Answer:

i think 2000 remaining

Answer 2

Answer:

1.cash a/c. Dr. 5000

to capital a/c. 5000

2.furniture a/c Dr. 2000

to court a/c. 2000

3. purchase a/c Dr. 1000

to cash a/c. 1000