Question

write a journal entry
1. Dinesh started the business with cash 500000
2. Borrowed from Naresh 100000
3. purchased furniture for cash from raj furniture house 20000
4. purchased furniture from Delhi safe 40000
5. purchased goods for cash 15000
6. purchased goods from Mahesh 30000
7. sold goods for cash to Karim 25000
8. sold goods to Shyam on credit 30000
9. cash received from Shyam 20000
10. cash paid to Mahesh 10000

Answer 1

Answer:

Now, He has 6,20,000 rupees left