Present the following transaction in the Accounting Equation.
(a) Anil started business with cash Rs. 25,000 and cheque of Rs. 25,000 to open a bank account.
(b) Purchased goods on credit Rs. 4,000
(c) Purchased goods for cash Rs.1,000
(d) Purchased furniture for cash Rs. 500
(e) Withdrew cash for personal use from bank Rs. 700
(f) Paid rent Rs.200
(g) Received interest from Bank Rs. 100
(h) Sold goods on credit (cost Rs. 500) for Rs.700
(i) Paid to creditors Rs. 400
(j) Paid Petty Expenses Rs. 200
Answers
Answered by
0
Answer:
Cash A/c Dr. 25000
Bank A/c Dr. 25000
To Anil Capital A/c 50000
Similar questions