Complete the following table.Sr. No.TransactionDebit Amount (₹)Credi

1.	Complete the following table.Sr. No.TransactionDebit Amount (₹)Credit Amount (₹)1.Paid Income Tax ₹ 5,000 by cheque?--Bank A/c2.Received from Sonali ₹ 20,000 by RTGS.Bank a/c--?3.Sanjay became insolvent and not received ₹ 500?--Sanjay A/c4.Purchased Horse for ₹ 10,000?--Cash A/c5.Transferred from Fixed deposit A/c of proprietor to business A/c ₹ 50,000Bank A/c-?
Answer» 1. Drawings A/c 2. Sonali’s A/c 3. Bad debts A/c 4. Livestock A/c 5. Capital A/c

Complete the following table.Sr. No.TransactionDebit Amount (₹)Credit Amount (₹)1.Paid Income Tax ₹ 5,000 by cheque?--Bank A/c2.Received from Sonali ₹ 20,000 by RTGS.Bank a/c--?3.Sanjay became insolvent and not received ₹ 500?--Sanjay A/c4.Purchased Horse for ₹ 10,000?--Cash A/c5.Transferred from Fixed deposit A/c of proprietor to business A/c ₹ 50,000Bank A/c-?

Answer»

1. Drawings A/c

2. Sonali’s A/c

3. Bad debts A/c

4. Livestock A/c

5. Capital A/c