Question

journal entry for additional capital introduced as : cash Rs 10,000 and delivery van (personal asset) Rs 50,000

Answer 1

Answer:

Explanation:

cash a/c                               dr     10000

delivery van a/c                   dr     50000

                        to additional capital a/c       60000

Answer 2

Answer:

Cash A/c Dr. 10,000

    To Capital A/c 10,000

Drawings A/c Dr. 50,000

    To Capital A/c 50,000

Explanation: