Question

Started business with cash 20,00,000 purchased machinery 5,00,000 purchased goods from 1,00,000 sold goods to raja 1,20,000 goods sold for cash costing rs.35,000 40,000 withdrawn cash for personal use 20,000 goods distributed as charity 10,000 salaries paid in advance 4,000 wages due but not paid 3,000 commission due but not received 6,000 machinery sold(cost=40,000) 30,000

Answer 1

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