Question

From the following transactions prepare a journal book
1/1/2021 commenced business with the following
Cash ₹100000
Furniture ₹50000
Building ₹2000000

10/1/2021 payed into bank
20/1/2021 brouth goods ₹ 30000
30/1/2021sold goods ₹40000
31/1/2021 payed
Salary ₹20000
Electric chargers ₹5000

Answer 1

Answer:

cash account dr 100000

furniture account dr. 50000

building account dr 200000

to capital account. 2150000

purchase account dr 30000

to bank account 30000

Bank account dr 40000

to sales account 40000

salary account dr 20000

electric charge dr 5000

to bank account 25000

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