Question

journal entry for:started business with cash 90,000 ,machinery 1,60,000 ,bank loan 40,000 ,land and building 1,50,000​

Answer 1

Answer:

Cash A/C Dr. 90,000

Machinery A/C Dr. 1,60,000

Land and building A/C Dr. 1,50,000

Bank A/C Dr. 40,000

To Capital A/C 440000