Question

1.
9.10 HOW TO JOURNALISE (WITHOUT GST)
Started business by introducing cash 7,00,000 by Sahil. In this transaction cash is a
real account because the business has received cash
from Sahil and Sahil is a personal account
because he is giving 37,00,000 to the business. So the journal entry is
Cash Account
........... Dr.
7,00,000
To Sahil's Capital Account
7,00,000
(Being Started Business with Cash)

Answer 1

Answer:

Cash account.. Dr 70000

To sahil

capital account 70000

explain

journal entry da 1st rule

"debit what comes in"mtlb joh V a rha business vich osnu dr. kro es transaction vich cash a rha ta asse cash nu dr kr deta

"credit what goes out " mtlb joh já rha osnu cr. kr do but in this transaction sadde kolo kuch V nhi já rha

2nd rule

"debit the reciever " jiss kolo kuch lê rhe o osnu dr kro es vich kuch V nhi ke rhe

"credit the giver " mtlb je giver da name h ta cr. kr do giver means joh paisa invest kr rha es vich sahil paisa business vich invest kr rha capital mtlb apne kharach vich

i hope this is helpful for you

Answer 2

Answer:

in which class are u studying???