Question

1.started business with cash rs:50000
2.purchased goods for cash rs:20000
3.sold goods for cash rs:40000​

Answer 1

Answer:

hope it will make you understand

Explanation:

1) cash a/C........................dr-rs50000

To capital a/C. -rs50000

2) purchase a/C....................dr-rs20000

To cash a/C. -rs20000

3) cash a/C..............................dr-rs40000

To sales a/C. -rs40000