Question

Please answer the question urgently

Answer 1

ask the question correct

Answer 2

Cash a/c ...Dr. 50,000
Furniture a/c ...Dr. 30,000
To Capital a/c 80,000
(Being business started)

Purchase a/c ...Dr. 15,000
To Cash a/c 15,000
(Being goods purchased)

Cash a/c ...Dr. 20,000
To Sales a/c 20,000
(Being goods sold)

Bank a/c ...Dr. 12,000
To Cash a/c 12,000
(Being cash deposited into bank)

Machinery a/c ...Dr. 18,000
To Cash a/c 18,000
(Being machinery purchased)

Purchase a/c ...Dr. 5,000
To Bank a/c 5,000
(Being goods purchased by Bank)

Purchase a/c ...Dr. 25,000
To Ishwar a/c 25,000
(Being goods purchased from Ishwar)

Amar a/c ...Dr. 40,000
To Sales a/c 40,000
(Being goods sold to Amar)

Salary a/c ...Dr. 3,000
To Cash a/c 3,000
(Being salaries paid)

Bank a/c ...Dr. 38,000
To Bimal a/c 38,000
(Being Loan taken from bimal deposited into bank)

Drawings a/c ...Dr. 15,000
To Bank a/c 15,000
(Being withdrawn from bank for personal use)

Rent a/c ...Dr. 2,500
To Cash a/c 2,500
(Being Rent paid)