Question

Cash and Cr<br />9, State with reasons whether the following transactions ar<br />transactions ?<br />(i) Goods purchased for 35,200.<br />(ii) Goods purchased for cash 45,300.<br />(iii) Cash purchases 10,000.<br />(iv) Goods purchased from Maneka for cash 18,350.<br />(v) Goods purchased from Maneka 31,250.<br />(vi) Goods purchased from Maneka on credit 12,500.<br />(vii) Goods purchased from Maneka 55,000.<br />(viii) Goods purchased on credit 24,000.<br />(ix) Goods purchased from Maneka on account * 25,600.<br />40. Journalise the following transactions in the books of Gagan I<br />2013<br />April 1<br />Started business with cash40,000.​

Answer 1

Answer:

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Explanation:

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