Question

How to prepare the ledger account for the transaction Additional capital introduced by cheque Rs 50,000​

Answer 1

Answer:

Cash A/c Dr. 25,000

Bank A/c Dr. 2,00,000

To Capital A/c 2,25,000

(Being the capital introduced).

Explanation:

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Answer 2

Answer

Personal account - Debit the receiver, credit the giver. So money is paid for capital..so money goes out of bank / asset decreases.. then as Per 2nd golden rule ..it should be debited....

I Think I hope This Answer Is help you.