Question

.


Journalise
the
following
transactions
and
prepare
Karan's
capital
account









(i)
Karan
started
a
business
with
the
following:
Cash
ï
15,000,
Furniture
ï

6,000


and




Stock
ï

15,000.









(ii)
Paid
rent,
ï
1,500,
Wages
ï
600,
Salaries
ï
2,400.









(iii)
Paid
for
the
purposes
of
stationery
ï
150
and
postage
ï
150.









(iv)
Goods
sold
to
Vaibhav
worth
ï
6,000
and
half
the
amount
received
in
cash.​

Answer 1

Answer:

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