Accountancy, asked by bhaveshavere25, 6 months ago

2.500
2.7 Tllustration-1:
State the types of two accounts involved in the following transaction.
1) Commenced business with Cash 70,000.
() Cash A/C
(in) Capital A/C
2) Deposited Cash into Bank of India 10,000
(i) Bank of India Alc
(ii) Cash A/C
3) Withdrew Cash from Bank of India for Office use 5,500.
(i) Cash A/C
(ii) Bank of India Alc
4) Purchased goods for Cash 5,000.
(i) Purchases Alc
(ii) Cash A/C
5) Purchased goods on credit from Kiran Stores 6,000
(1) Purchase A/C
(ii) Kiran Stores Alc
6) Sold goods for Cash 3,000.
(1) Cash A/C
(ii) Sales Alc​

Answers

Answered by subhadeepsamui
0

Answer:

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