Question

jeneral entry please fast ​

Answer 1

Answer:

Capital A/c Dr. 30000

To Cash A/c 30000

(being business started with cash)

Purchase A/c. Dr. 4000

To bank A/c 4000

(being goods purchased and payment done by cheque)

Cash A/c Dr. 2000

To commission A/c 2000

(being commission received)

Sales A/c. Dr. 3000

To bank A/c. 3000

(being goods sold and money deposited into bank)

Rent A/c. Dr. 1000

To bank A/c. 1000

(Being rent paid through cheque)