Question

17/8/19
TEST XI. comm.
CBASED ON ENTRIES)
1. Dinesh started business with Cash 2 500.000
2. Borrowed from Naresh 2 100,ooo..
3. Purchased funture for 2 20,000 in Cash.
4. Purchased furniture from Delhi safe for 2
5. Purchased goods for Cash 2 15000..
40,000​

Answer 1

Answer:

1. cash a/c dr. 2500.000

capital a/c 2500.000

2. purchasesa/c dr. 2100,000

to naresh 2100,000

3. furniture a/c dr. 2,20,000

to cash a/c 2,20,000

5. purchases a/c dr. 2,15000

to casha/c 2,15000