Question

» Record the General transactions in journal of shri omkar trander. oct-1 a business is commenced with introduction of cash of 40,000 furniture of 10,000,stock RS 8000 and 8 percentage loan of pragna=20,000​

Answer 1

Answer:

Opening stock dr 8000

Cash a/c dr 40000

Furniture a/c dr 10000

8% loan of Pragna dr 20000

To Capital a/c 78000