Question

Business started with cash in Hand Rs. 5,00,000, Nabil Bank Balance Rs. 40,0000, Citizen Bank Balance Rs. 1,00,000 And Loan From Nepal Rastra Bank Rs. 2,00,000. Journalize the statement.

Answer 1

Explanation:

Bank a/c dr. 4 lakh

other assets a/c dr

cash a/c dr

to captain a/c rupees 5 lakh.