January 2018 rahul business with 80000 and goods stock 15000 give the transaction
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Answer:
Cash /bank A/C...... Dr. 80,000
StockA/C................. Dr. 15,000
To Capital A/C 95,000
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Journal entry .
Cash account dr 80000
Purchase account dr 15000
- To Capital account ...95000
( being started business with cash and goods purchased)
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