Question

journal entry for manav commenced a business with cash rs.1,60000 and also brought into business furniture rs.40000, machinery rs.100000 stock rs. 60000​

Answer 1

cash A/c. dr.

to capital A/c

furniture A/c. dr.

to cash A/c

machinery A/c. dr.

to cash A/c

stock A/c dr.

to cash A/c