Question

started business with cash rupees 20000 house rupees 40000 furniture rupees 50000 and bank overdraft 100000​

Answer 1

Answer:

Step-by-step explanation:

In the books of Akash :

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)

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