Question

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pls pls
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Answer 1

Question - started business with cash Rs.90,000.

Solution -

Cash A/c Dr. 90,000

To Capital A/c 1,00,000

Question - Sold goods for cash Rs.10,000

Solution -

Cash A/c Dr. 10,000

To Sales A/c 10,000

Question - Bought goods from Amit Rs. 11,000

Solution -

Purchases A/c Dr. 11,000

To Anil 11,000

Question - Machinery purchased from Raj Engineering Rs. 25,000

Solution -

Machine A/c Dr.25,000

To Raj Engineering A/c 25,000

Question - Stationary purchased for Rs. 6,000

Solution -

Stationary A/c Dr. 6,000

To Cash/Bank A/c 6,000

Question - Opened a bank account in ICICI bank Rs. 10,000

Solution -

Bank A/c Dr. 10,000

To Cash A/c 10,000