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Journalist the following transaction ? 1jan : Commenced business with cash rs 90000 and due from kanaka rs10000 Pls answer anyone fast?
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Journalist the following transaction ? 1jan : Commenced business with ...
Transaction Details:
Transaction Date: 1st January
- Commenced business with cash: Rs 90,000
- Due from Kanaka: Rs 10,000
Explanation:
Commenced business with cash:
- On 1st January, the business started with an initial cash investment of Rs 90,000. This amount represents the cash that the business owner contributed to start the operations of the business.
Due from Kanaka:
- Additionally, there is an amount of Rs 10,000 due from Kanaka. This indicates that Kanaka owes the business Rs 10,000, which is expected to be paid at a later date. This amount will be recorded as accounts receivable in the books of the business.
In summary, the business commenced operations with a cash investment of Rs 90,000 and has a receivable amount of Rs 10,000 from Kanaka. These transactions mark the initial financial activities of the business and will be recorded in the accounting records to track the financial position and performance of the business.
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Journalist the following transaction ? 1jan : Commenced business with cash rs 90000 and due from kanaka rs10000 Pls answer anyone fast?
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Journalist the following transaction ? 1jan : Commenced business with cash rs 90000 and due from kanaka rs10000 Pls answer anyone fast? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Journalist the following transaction ? 1jan : Commenced business with cash rs 90000 and due from kanaka rs10000 Pls answer anyone fast? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Journalist the following transaction ? 1jan : Commenced business with cash rs 90000 and due from kanaka rs10000 Pls answer anyone fast?.
Journalist the following transaction ? 1jan : Commenced business with cash rs 90000 and due from kanaka rs10000 Pls answer anyone fast? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Journalist the following transaction ? 1jan : Commenced business with cash rs 90000 and due from kanaka rs10000 Pls answer anyone fast? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Journalist the following transaction ? 1jan : Commenced business with cash rs 90000 and due from kanaka rs10000 Pls answer anyone fast?.
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