Question

Explain other transactions.
To which account, the following transactions will be debited and
of Nilima? Describe with reason
(1) * 50,000 brought in cash and started business.
(2) A loan of * 10,000 taken from Jasleen.
(3) Bank account opened by depositing * 30,000..
( 4 )A computer purchased for 8000.
(5) Stationery purchased * 1000.
(6)
Purchase made of 20,000.​

Answer 1

Answer:

1.cash debited rs: the cash comes in to the business

2.cash debited rs: what comes

3.bank debited rs: the bank balance should increase

4.computer debited rs: debit what comes in

5.stationary debited: what comes in to the business/debit all expenses

purchase debited rs: what comes in/ expenses