Question

jornal entry of balance of cash in hand

Answer 1

journal entry for cash in hand is:―

cash a/c..........Dr. ₹xxxxx

to capital a/c ₹xxxxx

(being cash paid in hand )

hope it may help u

Answer 2

Cash a/c Dr.

To capital a/c

Reason :-

Increase in assets is debited

Increase in capital is credited

Thank you