journal entry of
ram being business start with cash 5000 and loan from his brother 3000
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the journal entry will be
cash account dr 8,000
to capital account. 8,000
(being capital introduced by the owner)
there will be no seperate entry for loan as business have not taken any loan.
that's the owner who did
cash account dr 8,000
to capital account. 8,000
(being capital introduced by the owner)
there will be no seperate entry for loan as business have not taken any loan.
that's the owner who did
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