Accountancy, asked by nehakakkar3184, 1 year ago

investment into business 3000. wha is it entry

Answers

Answered by jothika24

0

Answer:

DEBIT. CREDIT

Cash a/c Dr. 3000

To Capital a/c. 3000

(being invested into business)

Explanation:

As capital is an liability it is credited.
According to golden rules debit what comes in ,so the cash comes in to the business so it is debited .

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