Question

1. State the types of two accounts involved in the following transactions. Chunilal commenced business with cash 1,25,000. Purchased furniture worth * 35,000 on credit from Vinayak Industries. Brought personal computer worth * 25,000 into business. Purchased goods worth * 20,000 for cash. Sold goods worth * 10,000 on credit to Manilal. Sold goods worth 5,000 for cash. Deposited 25,000 into Bank of India. Paid wages * 1,700. Withdrawn from bank 5,000 for personal use. Received interest 300.
$log(\pi \alpha \% log( \sec( \alpha \alpha \binom{?}{?} ) ) )$
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Answer 1

Answer:

Konsi duniya se aaye ho

Explanation:

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Answer 2

Answer:1.Cash is coming in, Chunilal becomes creditor

2.Furniture is coming in, Vinayak industry becomes our creditor.

3.Personal computer is coming in.

4.goods are comingin, cash is going out.

5.Manilal becomes our debtor, goods are going out.

6.cash is coming in, goods are going out.

7.Bank becomes our debtor., cash is going out.

8. Wages is an expense., cash is going out.

9. Proprietor ceases to be a creditor, cash is going out.

10. Interest is an income.

Explanation: