Question

Balan started business by investing cash Rs. 50,000.
He bought goods of Rs. 4,000 and furniture of Rs. 500.
1985
Jan 1
2.
3
Purchased building for Rs. 10,000
Purchased goods for cash Rs. 3,000
Purchased goods on credit Rs. 2,500
Paid cartage Rs. 20.
4
5​

Answer 1

Answer:

May 1, Commenced business with Cash. 25,000. 3, Bought goods for Cash, 10,000. 3, Paid Carriage, 200. 4, Sold goods for Cash, 6,000.