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(1) Commenced business with cash(ii) Purchased furniture for cash(iii) Stationery purchased(iv) Cash paid for installation of machine(v) Goods given as charity(vi) Drawings by the proprietor for household expenses(vii) Bought from Salil |
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Answer» Answer: 1.Cash a/c........Dr To capital a/c 2. Furniture a/c.... Dr To cash a/c 3. Stationery a/c... Dr To cash a/c 4. INSTALLATION a/c... Dr To cash a/c 5. Charity a/c...... Dr To goods a/c 6. Proprietor a/c....... Dr To cash a /c 7. Goods a/c.... Dr To SALIL a/c. |
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