Accountancy, asked by nathuramthakre1813, 1 year ago

Commenced business with 250000

Answers

Answered by AkashMandal

Commenced Business with 2,50,000

The Journal entry for the above mentioned transaction is :-

Cash A/c. Dr ... 2,50,000
To Capital A/c. 2,50,000

[Being Commenced Business with Cash].

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