Problem - 1
Following transactions are given to you:
2073 Shrawan
1 Business...
Business, 10.12.2020 08:10 helpmepls23
Problem - 1
Following transactions are given to you:
2073 Shrawan
1 Business started with cash Rs.1,00,000.
2073 Shrawan 3 Purchased goods for cash Rs.20,000.
2073 Shrawan 7 Sold goods for cash Rs.17,000.
2073 Shrawan 10 Paid rent Rs.9,000.
2073 Shrawan 17 Purchased goods from Kedar for Rs.24,000.
2073 Shrawan 20 Paid wages Rs.4,000.
Required:
a) Journal entries
c) Purchases account
148 Accounting
b) Capital account
d) Cash account
Answers: 2
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