Question

pass journal entries debit balance ; cash in hand 20,000; cash at bank 1,50,000 ;stock 40,000 ; furniture 50,000; machinery 15,000,debtors ; 1,00,000; creditors 5,000; bills payable 20,000 ​

Answer 1

Answer:

Asset A/C Dr. ₹375,000

To Capital A/C ₹350,000

To Liabilities ₹25,000