(i) Started business with cash Rs. 20,000.
(ii) Sold goods to Mohan for cash Rs. 1,000.
(111) Paid salary to Ramesh Rs. 500.
(iv) Received commission from Radha Rs. 200.
Ninja1556:
i) cash a/c dr. 20000
mistyped sorry , i have solved this question but how can i give u the solution because answers are filled up with spam
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(1) cash A/C DR 20,000
To Capital A/C 20,000
(Being Business started with cash)
(2) Cash A/C DR 1,000
To Sales A/C 1,000
(Being cash sales to mohan)
(3) Salary A/C DR 500
To Cash A/C 500
(Being salary paid to Ramesh)
(4) Cash A/C DR 200
TO Commission A/C 200
(Being Commission received from Radha )
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