Question

The following transaction of mr.amir are given to you:
1.mr.amir started business with rs.100000
2.he purchased goods for rs.50000
3.he deposited rs.40000 into bank
4.he paid staff salary rs.20000 by cheque
5.commission receive rs.10000
6.sold furniture coating rs.1600 at rs 2000

Answer 1

Answer: 15000 Rs

Explanation:you have first plus then minus

Answer 2

Answer:

2.purchas a/c dr. 50000

To cash/bank a/c. 50008

3. Bank a/c dr. 40000

To cash a/c. 40000

4. salary a/c dr 20000

To bank a/c. 20000

5. cash/bank a/c dr 10000

To commission receive a/c 10000

6. cash/bank a/c dr 2000

To furniture a/c. 1600

To profit a/c. 400