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Raghunath had the following transaction in …

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Raghunath had the following transaction in an accounting year (1) commenced business with cash 50000 (2) pay to bank 10000 (3) purchase goods for cash 20000 and credit 3000 (4) sold goods for cash 40,000 costing 30000 (5) paid rent 500 (6) rent outstanding 100 (7) brought furniture 5000 on credit (8) draught refrigerator for personal use 5000 (9) purchase motorcycle for cash 20000
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