Question

Commence Business cash Rs.2000000 and land Rs.50000

Answer 1

Explanation:

cash a/c dr 2000000

land a/c dr 50000

to capital a/c 2050000

[being capital brought into the business for commencement]

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Answer 2

Answer:

commence business cash rs 200000 and land rs 50000

Explanation:

200000+500000=205000