Question

pass necessary journal entries in the books of Mohan and prepare the ledger account 1 July 2018 commenced business with cash rupees 50000 7 July 2018 purchased machinery for 20 27002 July 2018 purchased goods for cash rupees 12000 14 July paid rent was rupees 4020 July 2018 sold good for cash rupees 10000 and on credit for rupees 7000 to Ashok​

Answer 1

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