Question

started business with cash rs 100000,stock rs 50000,furniture

Answer 1

Answer:

journal entry

Explanation:

journal entry:-

cash a/c. dr. 1,00,000

stock a/c. dr. 50,000

furniture a/c. dr. 50,000

to capital a/c. 2,00,000

( being started business with cash stock and furniture)

Answer 2

Answer:

cash Account Dr. 100000

stock Account Dr. 50000

furniture Account dr. 30000

.....to capital Account....... 180000

being started business with cash and various assets