Question

# Show the dual effect of the following transactions on the assets and liabilities of business (i) Purchased goods for cash 8,000 (ii) Purchased delivery van on credit for 4,00,000 (iii) Paid 35,000 to a supplier of goods on credit (iv) The proprietor withdrew 52,000 from the bank account of business for personal expenses (v) Purchased goods from Hamid on credit for 5,000.​

Answer 1

Answer:

purchased a/c

to cash a/c

Explanation: