The following balances appeared in the books of Mango Ltd as on 1st April, 2019: 6
Assets - Cash Rs. 50,000; Stock Rs. 50,000; Raman Rs. 21,000; Furniture Rs. 56,000;
Amar Rs. 15,000.
Liabilities - Ramlal Rs. 22,000.
Pass journal entry for the above and show how would these items shall appear in their
respective ledger accounts.
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