Question

Enter the following transaction in the journal of mohan and bros Jan 1 mohan started business with 10000 , sold of cash 25000 and furniture 5000

Answer 1

Answer:

Journal in the books of Mohan

cash A/C Dr. 10000

to capital A/C. 10000

cash A/C Dr. 25000

Furniture A/C Dr. 5000

to sales A/C. 30000