posted by maria on .
i want to know if the transactions are bought machinery for rs50,000, payment made to xyz store by rs10,000 by cheque, purchased office furniture on credit for rs15,000, rs1,000 receieved as a rent for the portion of office building rented out and paid salaries of rs40,000 by cheque.so what are its accounts involved cash or capital? what are its applications debit or credit? and what are its reason increase in asset or increase in owner equity?
plz do answer i need it immediately