Question

During the year 2019-20, A. Ashar had the following transactions:
(0) Purchased a new motor van for 1,75,000 from Kamal Traders on credit.
1) Paid 7 17,400 to Navina Furnishing Co. through cheque being 16,500 for a new office almirah and
900 for repair of an existing almirah.
(it) Paid * 7,420 by cheque for repairs and improvement of premises, * 5,000 of this amount is to
be capitalised.
(iv) Paid an additional 5,000 into the business bank account from his private bank account.
(v) Purchased additional premises for 3,00,000 which was paid by cheque.
in the above transactions.​

Answer 1

Answer:

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