Question

To
the books of Dhaval?
which account, the following transactions will be debited and credited in
i. Dhaval commenced business with introduction of capital of ` 50,000.
ii. Purchase furniture of ` 5,000.
iii. Bank account opened by depositing `3,000.
iv. Purchase goods of ` 10,000.
v. Goods of ` 5,000 sold to Nila for ` 8,000.
vi. Goods returned by Nila of ` 500
vii. ` 1,000 paid for insurance premium by cheque

Answer 1

Answer:

s will be debited and ...

8 hours ago — i. Dhaval commenced business with introduction of capital of ` 50,000. ii. Purchase furniture of ` 5,000. iii. Bank account opened by depositing .