Give the journal entry for started business with machinery .
Only entry needed.
Answers
Answered by
4
Hey,
The journal entry will be
Machinery account.. Dr.
To Capital account.
( being business started with machine)
The journal entry will be
Machinery account.. Dr.
To Capital account.
( being business started with machine)
Answered by
5
Heya!!!
Particulars Dr. Cr.
cash A/c 75000
purchase A/c 30000
machinery A/c 50000
furniture A/c 10000
building A/c 500000
To capital A/c 665000
Hope it helps.....
Particulars Dr. Cr.
cash A/c 75000
purchase A/c 30000
machinery A/c 50000
furniture A/c 10000
building A/c 500000
To capital A/c 665000
Hope it helps.....
ArjunMaheswari:
good answer....
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