Question

Exercises
Journalise the following transactions and post them to ledger.
2016 ji
Jan 1 Started business with cash
10,000
5 Paid into bank
5,000
7 Purchased goods from Ram for cash 1,000
Answer:
Cash A/c 4,000 Dr. Bank A/c
Capital A/c 10,000 Cr. Purchases A/c
6.
answer

5,000
1,0​

Answer 1

Answer:

cash a/c Dr 10,000

to Capital a/c 10,000

bank a/c Dr 5,000

to cash a/c 5,000

ram a/c Dr

to cash a/c