Question

A typewritter purchase for rupees 2000so what will the impact on capital

Answer 1

Answer:

there will no impact on capital.

Explanation:

Here Typewriter is your assets and if you purchase typewriter it means you gain it and behalf of this you are paying some amount and this amount will be credited. it means only the asset is increasing and decreasing as cash is a current asset

journal entry-

Typewriter a/c dr. 2000

To cash a/c. 2000

(Being typewriter purchased)

hope it will help you