Question

Q2: Prepare Journal in the books of Raja from the following transactions:

2021 April:

1st. Started business with capital ₹50,000

6th. Paid into bank ₹20,000

8th Purchased goods for cash ₹4,000​

Answer 1

Answer:

cash a/c Dr

to capital a/c

bank a/c Dr

to cash a/c

purchase a/c Dr

to cash a/c