Question

Pass the necessary Journal entries in the books of Iron Merch
from the following transactions :
(1) Purchased business for 90,000.​

Answer 1

Answer:

and tfgjksscbkkhfssfaadbjkkmggh

Explanation:

fgjkjssvhwsxaazvjlkcbklkbxc jifsxhkoosxvnbvvbbv fabled

Answer 2

Answer:

cash a/c. Dr. 90,000

to capital a/c. 90,000

Explanation:

purchased a business is considered as a new business started