Question

pass journal entry and post ledger.
2017
March
1. started business with cash₹2,00,000 and furniy₹10,000
5. paid salaries₹5,000 and paid rent ₹600
9.received cash from ram ₹1,480 in full settlement of ₹1,500
15.withdraw goods for personal use ₹300, withdraw cas fir domestic use ₹700, withdraw cash from bank for personal use ₹800
30.bought building ₹1,00,000 and paid ₹10,000 as advance​

Answer 1

Purchased furniture for cash, –5,000, + 5,000 ... Started business with Cash ₹ 1, 20,000. 2. Purchased a typewriter for Cash for ... +1,40,000, +, 2,10,000, = 1,50,000, +, 2, 00,000.