Question

In the following transactions, determine the accounts affected and state which
account will be debited and which account will be credited.
(1) Nirmal started business with capital * 30,000.
(2) Purchased furniture of 10,000 from Jalaram Furniture Mart.
(3) Purchased goods of 5,000 from Raja.
(4) Sold goods of 1,500 to Rani
(5) Paid salary 1,000 to manager Janak.
(6) Paid wages 500 to Urvashi.
(7) Sold goods of 2,000 to Mansi for cash.
(8) Received cash 5,000 as loan borrowed from Anilbhai.
(9) Paid commission 500 to Rajeshbhai.
(10) Rent 500 is due to be received from Alka.


Please solve it
It’s urgent

Answer 1

Answer:

Nirmala A/c Dr 30,000

to capital 30,000

Furniture a/c Dr 10,000

to Jalaram f mart 10,000

Purchase ac Dr 5000

to Raja. 5000

Rani. ac dr 1500

to sales. 1500

salary ac Dr 1000

to janak Dr 1000

wages ac Dr 500

to urvashi. 500

cash Ac Dr 2000

to mansi. 2000

Cash ac Dr 5000

to anilbhai 5000

Commison ac Dr 500

to rajesh bhai. 500

cash ac Dr 500

to Alkaa 500