Question

journal: 1 . sridhar started a business with capital R.s60,000​

Answer 1

Answer:

really dont know if can be a business that can be started with just 60,000-guess a vegetable shop or a similar shop can be started with so much money-even the tiny business we had in 93 had to have a capital of about 3 lakhs-have somewhat forgotten the actual amount but I guess only a few things can be started with this amount or you have to go in for loans which come at a price-mean repayment problems ect

Answer 2

Cash ac dr 60000
Capital ac Cr 60000