Question

Pass journal entry Assets ;- cash Rs 60000, bank Rs 40000.

3

stock 100000, furniture Rs 43000,debtors 145000

liabilities :-Loan 60000.creditors Rs 52500,​

Answer 1

Answer:

Cash ac dr

Bank ac dr

Purchase ac dr

Furniture ac de

Debtors ac dr

To loan ac

To creditors ac

Answer 2

ASSETS = Cash A/C dr. 60000

BankA/C. dr. 40000

stock A/C. dr. 150000

furniture A/C. dr. 43000

debtors A/C. dr. 145000

LIABILITIES= To Loan A/C. 60000

To creditors A/C. 52500

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