Question

28 write opening Journal Entry as on 1" April, 2019 from the following Particulars ₹ Debtors 26,000 Furniture 7,500 Creditors 22,000 Bills Receivable 6,500 Cash 32.000 Bills payable 8,000


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Answer 1

Answer:

Debtors A/C Dr. 26000

Furniture A/C Dr. 7500

Bills Receivable A/C Dr. 6500

Cash A/C Dr. 32000

To Bills Payable A/C 8000

To Creditors A/C 22000

To Capital A/C 32000 ( balancing figure)