1.

2. On 01.01.2019 Vimal started business with building Rs 300000 , Cash Rs 200000, P&M Rs 250000, Furniture Rs 150000 and Creditors Rs 10000

Answer»

ANSWER:

Explanation  -   Building A/c Dr.   300000

                           Cash A/c Dr.      200000

                           Plant & Machinery A/c Dr.  250000

                            Furniture A/c Dr.    150000

                                                  To Creditors  A/c               10000

                                                   To  Capital A/c ( Balancing FIGURE)  890000



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