Question

Home work Sum
1. Raja commenced business with cash Rs. 50000
2 Bought goods for cash Rs. 4000
3. cash paid to somu Rs.5000
4.withdraw cash for personal use Rs 20000
5. Paid rent Rs. 3000
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Answer 1

Answer:

cash a/c dr. 50000

to capital a/c. 50000

purchases a/c. dr. 4000

to cash a/c. 4000

somu a/c. dr. 5000

to cash a/c. 5000

drawings a/c dr. 20000

to cash a/c. 20000

rent a/c. dr. 3000

to cash a/c. 3000