1.

business started with cash 125000 1)purchase goods for cash rupees 50000 2) purchase furniture from RK furniture 10000 3) sold goods to Parul traders costing rupees 7000 in 9000 4)paid cartage rupees hundred 5) cash paid to RK furniture in full settlement 90700 6)cash sales costing rupees 10000 in 12000 7)rent receive 4000 8 )cash withdrawn for personal use rupees 3000​

Answer»

you've not specified so I'm assuming you want the JOURNAL ENTRIES so I'll leave then here —CASH ac _dr 1,25,000 to Capital ac 1,25,00purchases ac _dr 50,000 to Cash ac 50,000furniture ac _dr 10,000 to RK furniture 10,000parul traders ac _dr 7,000 to sales ac 7,000cartage expenses ac _dr 100 to cash ac 100rk furniture ac _dr 10,000 to cash ac 9700 to discount received ac 300Cash ac _dr 10,000 to Sales ac 10,000cash ac _dr 4000 to rent (received) ac 4000drawings ac _dr 3000 to cash ac 3000(HOPE my answer was helpful to you. please mark my answer the brainliest!!! I'll be very grateful.)



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