Question

solve for feb 17 and 18 and march 1 ​

Answer 1

Answer:

Feb. 17 Books for proprietor's daughter purchased from the business bank account Rs. 3500

Drawing's A/C Dr. 3500

To Bank A/C 3500

Feb. 19 Rent of the showroom paid from the personal bank account of the proprietor Rs. 21000

Rent A/C Dr. 21000

To Drawing's A/C 21000

Mar. 1 Sushma started business with bank balance Rs. 400000

Bank A/C Dr. 400000

To Capital A/C 400000

Explanation:

I am not sure about Feb. 19

Answer 2

Answer:

Feb 17. Drawing Acc. Dr.

To bank account

Feb

March 1. Bank Account Dr

To Capital Account.