Bought plant and machinery for the business for ₹1,50,000 and an advance of ₹ 10,000 in cash is paid to M/s Ramesh & Sons. Analysis of transaction: This transaction increases plant and machinery (assets) by ₹ 1,50,000, decreases cash by …
Bought plant and machinery for the business for ₹1,50,000 and an advance of ₹ 10,000 in cash is paid to M/s Ramesh & Sons. Analysis of transaction: This transaction increases plant and machinery (assets) by ₹ 1,50,000, decreases cash by …