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Ascertain the debit and credit from the following particulars under Modern Approach. (a) Started business with capital. (b) Bought goods for cash. (c) Sold goods
Ascertain the debit and credit from the following particulars under Modern Approach. (a) Started business with capital. (b) Bought goods for cash. (c) Sold goods for cash. (d) Paid salary. (e) Received Interest on Investment. (f) Bought goods on credit from Mr. Y (g) Paid Rent out of Personal cash. Ascertain the Debit Credit under British Approach or Double Entry System. Take
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