x commenced business with (1)cash 20000 (2) goods 5000 and (3) computer 10000 pass the necessary journal entry
Answers
Answered by
5
Answer:
cash a/c. dr. 20000
computer a/c. dr 10000
purchase a/c dr5000
to capital a/c. 35000
Answered by
4
Answer:
cash a/c dr 20000
stock a/c dr 5000
computer a/c dr 10000
to capital a/c 35000
Explanation
cash comes in business
stock (goods) comes in business
computer (assets) comes in business
and commenced in business
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