Question

cash Rs. 700brought by Binita as additional capital ..journal entry​

Answer 1

Answer:

Bank/Cash a/c 7000

To Nima's capital a/c. 7000

Explanation: when a partner bring additional capital then money comes in the firm so Bank / cash account debit and it is brought by a partner so partner's s capital account credit.

Explanation: PLEASE CLICK ON THANKS AND A LITTLE CROWN OPTION

Answer 2

Answer:

Explanation:

Bank a/c Dr. 700

To binita's capital a/c. 700

Hope it helps you.