Question

mr shekar comences business with capital rs 100000 cash deposited into sbt bank rs 500000 purchased goods for cash rs 8000ķ​

Answer 1

Explanation:

Journal

particulars Debit ₹ credit₹

cash a/c Dr 100000

To capital a/c 100000

(comences business with

capital)

Bank a/c Dr 500000

To cash a/c 500000

(cash deposited into bank )

purchases a/c Dr 8000k

To cash 8000k

(purchased goods for cash)