Question

mini have following transaction accounting equation

Answer 1

cash a/c... dr. 1,00,000
To capital a/c................. 1,00,000
(started business with cash)

bank a/c. dr. 60000
To cash a/c................ 60,000
(deposit cash into bank)

Machinery a/c.. dr. 50,000
To Bank loan a/c................. 50,000
(bought machinery using bank loan)

goods a/c. dr. 20000
creditors a/c.. dr. 40000
To cash a/c.................. 60000
(bought goods on cash and credit)

Cash a/c. dr 25000
To sales @/c............25000
(sold goods for cash to amit)
.
Sales return a/c. dr. 5000
To cash a/c.......................... 5000
( return goods by amit)

bank a/c dr. 19500
To cash @/c...........19500
(amit settled his account)

.hope its helpful