introduced additional capital by cheque tell entry
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Bank A/c Dr .......
To capital A/c .....
(being additional capital raised )
To capital A/c .....
(being additional capital raised )
sujiritha95:
pls mark it as brainliest answer
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The answer is shown below.
Explanation:
The journal entry is shown below:
Bank A/c Dr XXXXX
To Capital A/c XXXXX
(Being the additional capital introduced)
While introducing additional capital it impacts two accounts i.e Bank account and capital account as it increases the bank balance and capital account together. So to follow double account bookkeeping one account is debited and another account is credited and we did the same
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