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Home > categories > Machinery & Equipment > Other Construction Machinery > Mr.Ajmal started business with Rs.80,000 cash, Machinery worth Rs.10,000 and Stock worth Rs. 40,000?

Question:

Mr.Ajmal started business with Rs.80,000 cash, Machinery worth Rs.10,000 and Stock worth Rs. 40,000?

pass the journal entries

Answer:

Cash A/C dr. 80000 Machinery A/C dr. 10000 Purchases A/C dr. 40000 To capital A/C. 130000

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