Question

B. Lall started business with Rs. 10,000 in cash, Machinery worth Rs. 15,000 : Stock Rs.5.000
CD40
NA Sillyhaniadan
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L
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Answer 1

Answer:

yenna pannanumununu volunga positive......

Answer 2

Journal entry

Explanation:

                                  Books of (----Limited)

                                      Journal Entry

Date         Account Title and Explanation       Debit   Credit

               Cash                          A/c Dr.            10,000

               Machine                    A/c Dr.            15,000

               Stock                         A/c Dr.             5,000

                To Capital A/c                                               30,000

               (Being business start with cash machine and stock)

Note: Capital account is a liability and will be enter as credit amount.

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