CBSE Class 11-commerce Answered
1. Mohan started business with cash RS. 75,000 furniture RS. 25,000
2. He took loan from bank of Baroda RS. 50,000
3. He purchased machinery RS. 7,500.
4. He received rent RS. 9,800.
5. He paid commission RS. 3215.
Asked by Sagarkuwar03 | 22 Sep, 2019, 10:16: PM
Expert Answer
All the transactions are to be recorded in the original books of accounts known as a Journal.
Similar transactions with complete format are already journalised and provided under our text book solutions on our website at the below mentioned link:
Answered by Surabhi Gawade | 23 Sep, 2019, 02:41: PM
CBSE 11-commerce - Accountancy Part I
Asked by Sagarkuwar03 | 22 Sep, 2019, 10:16: PM
ANSWERED BY EXPERT
