Question

bussiness started with cash - 120000
opened a bank account with icici bank - 40000
goods purchased for cash - 12000

Answer 1

Answer:

cash in hand a/c. dr. 1,20,000

cash in bank a/c. dr. 40,000

purchase a/c. dr. 12,000

to capital a/c. 1,72,000

Explanation:

hope it helps you...........