Question

PLEASE HELP ME.....ITS VERY URGENT.....

Pass the necessary journal entries and post it into ledger

1. Started business with cash ₹50000 stock ₹20000 and furniture ₹30000

2. Purchased furniture of ₹50000 in cash and discount recieved 10%

3. Sold goods of ₹20000 in cash and discount allowed 5%

4. Paid salary in cash ₹20000 and through charge ₹10000

5. Cash withdrawal ₹10000 from bank for office use and ₹5000 for personal use​

Answer 1

Answer:

recieved" (and any subsequent words) was ignored because we limit queries to 32 words.