Accountancy, asked by flyinsoul7, 11 months ago

a computer costing rs 20000 was brought into business as additional capital

Answers

Answered by sachinarora2001
1

Answer :-

Anything that is come in the business is always debited to the business

....and

purpose for which its come or anything that goes out of business is credited ...

In above transaction , Computer of cost 20,000 is come in the business and purpose is to add or increase capital ....

So

Journal Entry ✌️

Computer Account Dr. 20,000

  • To Capital Account....... 20,000

{ Being computer is brought in business or additional capital .}

☺️Hope it is helpful to you ....✌️

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