Question

me following transactions and prepare Cash A/c only.
2019
July
1)Hardik started business with Cash 15,000 and Machinery 20000
4)Purchased goods for 9,000 less 10% Cash Discount.
9)Sold goods to Amar 3,000
12)Distributed goods worth 700 as free samples.
14)Bought Stationery for 550 for office use.
18)Received 950 from Dhanashree, a customer, whose account was earlie
written off as a bad debts.
21)Abhiram invoiced us goods worth 3,000.
24)Settled Abhiram's account, he allowed 5% cash discount.
27)Exchanged goods worth 2,500 against Furniture of the same amount.
29)Withdrawn cash from ATM 5,000 for office use and 3000 for personal use.​

Answer 1

Answer:

Explanation:

1. Cash A/C...........dr. 15000

Machinery A/C.........dr. 20000

To Capital A/C 35000

(Being business started with cash and machinery)

Answer 2

above is the cash account