Exercise:2 i. Furniture A/c(Debit - Asset) ii. Proprietor (Credit - Capital) iii. Salary A/c (Debit - Expense) iv. Purchases A/c (Debit - Asset) v. Sales A/c (Credit - Revenue) vi. Interest paid A/c (Debit - Expense) vii. Accounts payable (Credit - liability) viii. Accounts receivable (Debit - Asset) Exercise:2 i. Furniture A/c(Debit - Asset) ii. Proprietor (Credit - Capital) iii. Salary A/c (Debit - Expense) iv. Purchases A/c (Debit - Asset) v. Sales A/c (Credit - Revenue) vi. Interest paid A/c (Debit - Expense) vii. Accounts payable (Credit - liability) viii. Accounts receivable (Debit - Asset)