Accountancy, asked by rayankisaipallavi7, 22 days ago

II. Answer all of the following Questions. Each Question carries six marks
19. Prepare accounting equation on the basis of the following:
(a) Kunal started business with cash Rs 2,50,000
(b) He purchased furniture for cash Rs 35,000
(c) He paid commission of Rs 2000
(d) He sold goods (costing Rs 20,000) for Rs 22,000
(e) He purchased goods on credit Rs 40,000
(f) He gave loan to Anil Rs 5000.
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Answers

Answered by sharmatanish377
1

Answer:

A) cash a/c dr ₹2,50,000

To capital a/c ₹2,50,000

B) Furniture a/c dr. ₹35,000

To cash a/c ₹35000

C) commission a/c dr. ₹2000

To cash a/c. ₹2000

D) cash a/c. dr. ₹22000

To sales a/c. ₹22000

E) purchase a/c dr. ₹40,000

To cash a/c ₹40,000

F) Anil a/c dr. ₹5000

To cash a/c. ₹5000

Answered by Indu8824
0

Answer:

Explanation:

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