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22 votes
22 votes
Jan1 business started with cash rs 20,000

jan3 goods purchased for cash rs 10,000
jan7 furniture purchased for cash rs 5,000
jan9 cash paid to supplier rs 3,000
Required: journal entries​

User Hugo Logmans
by
3.1k points

1 Answer

12 votes
12 votes

Answer:

Jan 1 Debit cash account rs 20,000

Credit capital account rs 20,000

Jan 3 Debit goods account rs 10,000

Credit cash account rs10,000

Jan 7 Debit furniture account rs 5,000

Credit cash account rs 5,000

Jan 9 Debit supplier's account rs 3,000

Credit cash account rs 3,000

User Rizky Ramadhan
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2.9k points