Question

- April 2011 Mr A Standed business on 1 April with cash rs. 6,75,000 furniture Rs. 20,000 machinery, Rs.100 and following his transaction for month of April ​

Answer 1

Explanation:

apr1. cash a/c. Dr 200000

to capital a/c. 200000

apr3. furniture a/c Dr 20000

to cash a/c. 20000

apr5. purchases a/c dr. 50000

to anil 50000

apr18. anil. dr. 50000

to discount received a/c.

48000

to cash a/c.

2000