Accountancy, asked by jacobplackattu, 10 months ago



Q-Prepare the cash Account from the following transactions;
a) Started business with cash 20,000 and building 10,000
b) Paid salary 2,500
c) Purchased goods for 6,000
d) Sold goods costing 2,500 for 3,000
e) Received commission 1,400
f) Purchased goods on credit 21,000
g) Outstanding rent 1,000
h) Withdrawn for personal use 2,000

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Answered by Anonymous
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