Accountancy, asked by malivirat60, 8 days ago

commenced business with cash rs 5000,and stock of good 20000 machinery rs 100000 and Bill's payalable rs 10000​

Answers

Answered by khushi20040506
1

Answer:

Journal entry :

Cash A/c Dr. 5,000

Stock A/c Dr. 20,000

Machinery A/c Dr. 1,00,000

To Bills payable A/c 10,000

To Capital A/c 1,15,000

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