Question

started business with case rs10,000 (2)goods sol for cash rs 2,000(3) bought goods from sham rs 1,000(4) purchased goods for cash rs 3,000 (5)good sold for case rs 2,000 (6)bought farnoture for cash rs 3,000(7) paid bazis for cash rs 1,000(8) cash paid to sham rs 2,500​

Answer 1

Answer:

(a)cash a/c dr. 10000

To capital a/c. 10000

(b) cash a/c. dr. 2000

To sales a/c. 2000

(c) purchase a/c dr. 1000

To sham a/c. 1000

(d) purchase a/c. dr.3000

To cash a/c. 3000

(e) cash a/c. dr.2000

To sales a/c. 2000

(f) furniture a/c. dr. 3000

To cash a/c. 3000

(g) wages a/c. dr. 1000

To cash a/c. 1000

(h) sham a/c dr. 2500

To cash a/c. 2500