Question

Prihaan Started business with own cash 90,000, stock of goods worth 40,000, computer
worth 40,000, borrowed money 50,000 from a friend Zalak, debtors 10,000, creditors
10,000, furniture 15,000.
journal entry​

Answer 1

Answer:

Capital-1,85,000

Explanation:

Cash A/c Dr. 1,40,000

Stock of goods A/c. Dr. 40,000

Computer A/c. Dr. 40,000

Debtors A/c. Dr. 10,000

Furniture A/c. Dr. 15,000

To Zalak A/c. 50,000

To Creditors A/c. 10,000

To Capital A/c. 1,85,000

Answer 2

Answer:

Prihaan Started business with own cash 90,000, stock of goods worth 40,000, computer

worth 40,000, borrowed money 50,000 from a friend Zalak, debtors 10,000, creditors

10,000, furniture 15,000.

journal entry