Question

commenced business with cash 10000 and bills payable 200 journal entry​

Answer 1

Answer:

Cash A/C                   DR.       10000

BILLS PAYABLE A/C DR.          200

      TO CAPITAL A/C                         10200

(BEING BUSINESS STARTED WITH AND CASH AND B/P)

Explanation:

Answer 2

Answer:

Explanation:

Cash a/c. Dr.10000

Bills payable a/c. Dr. 200

To capital a/c. 10200

Hope it helps you.