Question

cash in hand 2000 cash at bank 4000 stock 10000 investment 2000 debtors 10000 furniture 20000 machinery 20000 plant 10000 jounral entry
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Answer 1

Explanation:

Cash A/c ------------Dr. 6000

To Capital A/c 6000

(Being Cash in Hand & Cash at bank)

purchases a/c------Dr. 10000

To cash a/c. 10000

investment A/c.------Dr. 2000

To Capital A/c. 2000

Furniture A/c.---------Dr. 20000

To Cash A/c. 20000

plant & machinery a/c ----Dr. 30000

To Cash A/c. 30000

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