Accountancy, asked by jatinjimeghnani, 1 month ago

(1) Commenced business by taking loan from HDFC bank for 5, 00,000 and furniture 2, 00,000.

Answers

Answered by modij9694

1

Answer:

journal entry:

Explanation:

furniture Dr 200,000

cash on hand Dr 300,000

To bank loan from

HDFC bank 500,000

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