Business, 10.12.2020 08:10, mkcryer50

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: 1

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Problem - 1 Following transactions are given to you:

2073 Shrawan

1 Business...