Question

started business with cash 1,00,000; machinery ? 50,000 and goods 50,000 tu) Sold 1/2 of above stock (goods) at 10% profit for cash. (ii) Rent paid 500; Outstanding salary ? 1,500, (iv) Remaining goods sold to Suman at 10% profit on cost at 5% cash discount. Journalise the following transactions​

Answer 1

Explanation:

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