Divine Started Business With Cash 120000

5 - Sales made for cash 600000 and on credit 800000. 2 Dr Rent Exp 15000 Cr Cash 15000 Paid rent of office for the month of July. He introduced 20000 as additional capital.

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Started business with cash 120000. 01 Jan 01 Started business with Rs. Started business with cash Rs 100000 and Goods Rs 20000. 05 Jan 05 Bought goods on credit from Mr.

4 Dr Equipment 12000 Cr Creditors 12000 Equipment purchased for business use. 500000 Nabil Bank Balance Rs. 4 - Salaries paid 200000 but due 110000.

Paid for Rent 1500 and for salaries. Cash paid into bank. Cash in hand 2000 Sundry creditors 25000 Cash at.

100000 20000 120000. Received cash from Rani. 112000 10000 30000 30000 122000.

Has cash receipts of 120000 and total cash disbursements of 112000. Started with a beginning cash balance of 4000 and desires an ending cash balance of 8000. July 18 Paid for supplies received and already used 2880.

02 Jan 01 Opened a bank account and deposited Rs. Goods purchased from Ganesh Traders of Rs. Goods Sold to Him star Enterprises Pvt.

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