Question

. Journalise the following transactions :
Jan. 1- Sahiba started business with cash 3,00,000.​

Answer 1

Answer:

cash account de. 300000

to capital account 300000

Answer 2

Answer:

Cash A/C. DR.

TO CAPITAL A/C

Explanation:

CASH IS AN ASSET SO IT WILL BE DEBITED

AND CAPITAL'S ARE ALWAYS CREDITEC SO...

CASH A/C. DR. 300000

TO CAPITAL A/C. 300000