Question

start bussiness with cash - 100000 bought furniture - 20000 purchase goods - 10000 sale goods 2000 paid rent 800​

Answer 1

Explanation:

cash A/c Dr 100000

To capital A/c 100000

Furniture A/c Dr 20000

To cash A/c 20000

Purchase A/c Dr 10000

To cash A/c 10000

cash A/c Dr 2000

To sale A/c 2000

Rent A/c Dr 800

To cash A/c 800