Question

Mohan started business with cash rs 80000 journal entry Ledger and trial balance

Answer 1

DateParticularsL.F.AmountDr.AmountCr.2009  Rs.                          Rs.June 1Cash A/c            To Capital A/c(Cash brought into the business by Mohan  as capital) 80,000 80,000June 2Purchase A/c            To Cash A/c(Goods purchased for cash) 2,00,000 2,00,000June 4Purchase A/c            To Amar A/c(goods purchased from Amar on credit) 1,20,000 1,20,000June 5Furniture A/c            To Cash A/c(Furniture purchased for cash) 60,000 60,000June 7Cash A/c            To Sales A/c(Goods sold for cash) 1,30,000 1,30,000June 9Ram A/c            To Sales A/c(Goods sold to Ram on credit) 1,50,000 1,50,000June 10Amar A/c            To Cash A/c(Cash paid to Amar) 80,000 80,000June 12Cash A/c            To Ram(Cash received from Ram) 1,00,000 1,00,000June 16Purchases A/c            To Cash A/c(Goods purchased for cash) 75,000 75,000June 17Purchase A/c            To Harish A/c(Goods purchased from Harish on credit) 50,000 50,000June 18Cash A/c            To Sales A/c(Goods sold for cash) 1,26,000 1,26,000June 19Sudesh A/c            To Sales A/c(Good sold to Sudesh on credit) 70,000 70,000June 24Drawing A/c            To Cash A/c(Rent paid) 25,000 25,000June 27Rent A/c            To Cash A/c(Rent paid) 4,000 4,000June 30Salary A/c            To Cash A/c(Salary paid) 12,000 12,000June 30Cash A/c            To Commission A/c(Commission received 2,000 2,000 Total Rs. 22,04,00022,04,000

 

Answer 2

Answer:

manhour lal started business with cash amount 60000