Question

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Answer 1

Solution is given in the attachment

Attachment - 1 :

• Journal
• Ledger ( Cash A/c , Capital A/c )

Attachment - 2 :

• Ledger ( Furniture A/c, Machinery A/c , Harish )

Attachment - 3 :

• Ledger ( Purchase A/c, Insurance Premium A/c )

Hope it helps, Do let me know if you feel any problem in the solution :D

Answer 2

Explanation:

cash a/c dr 50,000

cash a/c dr 50,000to capital a/c

cash a/c dr 50,000to capital a/cfurniture a/c dr

cash a/c dr 50,000to capital a/cfurniture a/c drto cash a/c 6,000

cash a/c dr 50,000to capital a/cfurniture a/c drto cash a/c 6,000machinery a/c dr

cash a/c dr 50,000to capital a/cfurniture a/c drto cash a/c 6,000machinery a/c drto Harish a/c 10,000

cash a/c dr 50,000to capital a/cfurniture a/c drto cash a/c 6,000machinery a/c drto Harish a/c 10,000purchase a/c dr

cash a/c dr 50,000to capital a/cfurniture a/c drto cash a/c 6,000machinery a/c drto Harish a/c 10,000purchase a/c drto cash a/c 4,000

cash a/c dr 50,000to capital a/cfurniture a/c drto cash a/c 6,000machinery a/c drto Harish a/c 10,000purchase a/c drto cash a/c 4,000insurance a/c dr

cash a/c dr 50,000to capital a/cfurniture a/c drto cash a/c 6,000machinery a/c drto Harish a/c 10,000purchase a/c drto cash a/c 4,000insurance a/c drto cash a/c 100