Q(1)- the following transactions and also …
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Q(1)- the following transactions and also prepare ledger account of first four transactions.
1. Ram starts business with cash and building and bank balance worth RS 1000000
and200000 500000, resp.
2. Purchase goods for rs. 100000 and paid half the amt. To r.k brothers by cash.
3. Sold goods to m.k brothers for 50000. and received half the amt by cheque.
4. Depreciate building @10%.
5. Interest on capital @10%.
6. Ram withdraw cash from bank RS 50000 for office use.
7. Paid RS 49000 to r.k brothers for full settlement.
8. Received rs24000 for full settlement from m.k brothers.
9. In March month rent paid for April month RS 1000.
10. Salary of march month due but not paid RS 5000.
Posted by Vishaldeep Singh Riar 5 years, 4 months ago
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