Question

Business started with...,..,............125000 .purchased goods for cash ..........50000

Answer 1

Answer:

cash a/c Dr

to Capital

purchase a/c Dr

cash a/c

furniture a/c Dr 10,000

to rk furniture a/c 10,000

parul a/c Dr 9,000

to sales a/c 9,000

cartage a/c Dr

to cash a/c

rk furniture a/c Dr 10,000

to cash a/c 9,700

to discount received a/c 300

cash a/c Dr

to sales a/c 12,000

cash a/c Dr

to rent a/c

drawings a/c Dr

to cash a/c

Answer 2

Answer:

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