Question

Paragraph
Capital introduced 050,00,000.
2. Purchased goods from Ramesh 050,000,
3.Sold goods to Ram 020,000.
4.Cash paid into Bank 05,00,000.
5. Stationery purchased for business purpose 02,000
6.Cash Sales 020,000.
7.Cash withdrawn from Bank (5,000.​

Answer 1

Answer:

1) cash ac dr

to capital ac

2) purchase ac dr

to ramesh

3) ram ac dr

to sales ac

4) bank ac dr

to cash ac

5) purchase ac dr

to cash ac

6) cash ac dr

to sales ac

7) cash ac dr

to bank