Question

Rajesh companies business with cash bought goods for cash bought goods on credit purchased furniture cash paid to creditor received interest paid rent table answer
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Answer 1

Answer:

1)cash a/c.....dr.

To capital a/c

2)purchase a/c...........dr.

To cash a/c

3)purchase a/c ...........dr.

To creditor a/c

4) furniture a/c..............dr.

To cash a/c

5) creditor a/c.............dr.

To cash a/c

6)cash a/c.................dr.

To interest received a/c

7)rent a/c ..................dr.

To Cash a/c

Explanation:

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