Question

Introduced goods of Rs. 10,000, cash Rs. 15,000, furniture Rs. 5,000, creditors of Rs. 10,000 and commenced business.​

Answer 1

Answer:

cash a/c dr 15000

stock a/c dr 10000

furniture a/c dr 5000

To creditors a/c 10000

To capital a/c 20000

(being business commenced)