Question

Journalise the following transaction in the books of kumar:
June 1 : kumar commenced bussiness with Cash 10000
Goods 20000
Furniture 5000

Answer 1

Explanation:

Cash A/c Dr 10,000

purchase A/c Dr 20,000

Furniture A/c Dr 5000

To capital A/c 35000

Answer 2

Answer:

cash a/c Dr. 10000

purchase a/c Dr. 20000

furniture a/c Dr. 5000

to capital a/c 35000