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urnalise the following transactions : 2017 May 1. Mr. N started business with cash RS 5000, Stock RsS00 2. Purchased goods from YR 3000 3. Pald expenses Rs.200 4. Paid Mr. Y on account Rs.1000 5. Sold goods to Mr. T Rs4000 6. Paid wages Rs 800 7. Deposited cash into bank Rs 500 8 Withdrew cash from bank for personal use R300 |
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Answer» tion:1) cash a/c DR.- 5500To capital a/c - 55002) purchase a/c dr- 3000To YR- 30003) expenses a/c dr- 200To cash a/c- 2004) MR. Y dr-400 To bank a/c- 4005) WAGES a/c dr- 800To cash a/c- 8006) bank a/c dr- 500to cash a/c - 5007) Drawing a/c dr- 300To bank a/c - 300 |
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