Give the journal of, Started business with Capital₹4000.
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17
Hey,,
The journal entry for the given transaction will be..
Cash a/c. Dr.. 4000
To Capital a/c. 4000
( being cash invested to Capital).
The journal entry for the given transaction will be..
Cash a/c. Dr.. 4000
To Capital a/c. 4000
( being cash invested to Capital).
Answered by
3
Here is the journal of, Started business with Capital ₹4000
CASH A/C.................. 3000
PLANT & MACHINERY......... 1000
TO CAPITAL A/C........ 4000
(BEING: BUSINESS STARTED BY CASH AND FIXED ASSETS)
CASH A/C.................. 3000
PLANT & MACHINERY......... 1000
TO CAPITAL A/C........ 4000
(BEING: BUSINESS STARTED BY CASH AND FIXED ASSETS)
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