Question

started business with cash rs 100000 goods 10000 furniture 5000
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Answer 1

Explanation:

Cash A/C. Dr. Rs 1,00,000

Furniture A/C. Dr Rs 50,000

Purchases A/C. Dr Rs 10,000

To capital A/C. Rs 1,60,000

( being capital brought in the form of cash, stick and furniture )