Cash is a real account (Debit what comes in). Capital is a personal account (Credit the giver). Example 2: Goods sold to Mohan on credit Transaction: Sold goods to Mohan for ₹40,000 at 10% trade discount.
Master the journal now, and ledger, trial balance, and final accounts will feel like a breeze. accountancy class 11 dk goel chapter 9 solutions
Need solutions for other DK Goel Class 11 chapters? Check out our complete chapter-wise guide here. Cash is a real account (Debit what comes in)
First, calculate net amount = 40,000 – 4,000 = ₹36,000. calculate net amount = 40