1. Varun started business with cash 40000. 2. Purchased goods on credit from manohar 10000. 3. Sold goods for cash 7000. 4. Paid salary 5000.
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HEY....
U R ANSWER.....
1→ CASH AC DR
TO CAPITAL AC CR
2→ PURCHASE AC DR
TO MANOHAR AC CR
3→ CASH AC DR
TO SALES AC CR
4→SALARY AC DR
TO CASH AC CR
[ MAYBE IT HELPS 4 U ]
U R ANSWER.....
1→ CASH AC DR
TO CAPITAL AC CR
2→ PURCHASE AC DR
TO MANOHAR AC CR
3→ CASH AC DR
TO SALES AC CR
4→SALARY AC DR
TO CASH AC CR
[ MAYBE IT HELPS 4 U ]
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