Accountancy, asked by bpgaikwad3030, 1 year ago

journal entry of
ram being business start with cash 5000 and loan from his brother 3000

Answers

Answered by demonsking52801
0
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
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