Question

ram started business with cash amount of Rs 1600000 .He spend Rs 45000 through cheque to purchased some goods on 12 th jan .on same day he spends Rs 357000 in cash for some more purchasing

Answer 1

by cheque 45000
by cash357000
total cash spend 357000+45000=402000

Answer 2

Cash A/C. Dr. Rs.16,00,000

To Capital A/C. Rs 16,00,000

(Being capital brought in the form of Capital)

Purchases A/C. Dr. Rs.4,02,000

To Bank A/C. Rs 45,000

To Cash A/C. Rs 3,57,000

(Being purchases made)