1. Ranghu started business with cash $80,000, goods $40,000 and furniture $20,000. 2. Sold goods to Anna of the list price $2000 at trade discount of 10%.
3. Paid rent $800, Trade expenses $400and Travelling expenses $500.
4. Deposited to AC bank for opening a current account $25,000.
5. Bought goods from Kamal for $20,000 at a trade discount of 10% and Cash discount of 2%. Paid 60% amount immediately.

1.Raghu start the business with three things i. e cash, goods, furniture etc. Something that come in the business is debited. All these things are done by the properitor. Hence all these things are goes to Capital account. JOURNAL ENTRY WILL BE Cash a / c . Dr. 80,000 Purchase a / c . Dr. 40,000 Furniture a / c . Dr 20,000 ..To Capital a/c 1,40,000 (being started business with cash, goods and furniture.)

answer; i believe the correct answer is (tall); ///good luck

i know right it’s not fair some people are just so rude unlike you your actually trying to get to know people and i think that is very kind