madhu commenced business with cash rs 5000 furniture rs 300
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Answered by
1
if you want journal entry for above question
Then your answer
cash a/c Dr. 5000
furniture a/c Dr. 300
........to capital a/c 5300
(being started business with cash & furniture )
Then your answer
cash a/c Dr. 5000
furniture a/c Dr. 300
........to capital a/c 5300
(being started business with cash & furniture )
sujiritha95:
pls mark it as brainiest answer
Answered by
0
Journal entry
cash A/c Dr 5000
furniture A/c Dr 300
to capital 5300
(being started business with cash and furniture )
accounting equation
capital +liabilties = asset
capital = furniture +cash
5300 =300+5000
cash A/c Dr 5000
furniture A/c Dr 300
to capital 5300
(being started business with cash and furniture )
accounting equation
capital +liabilties = asset
capital = furniture +cash
5300 =300+5000
pls mark it as brainiest answer
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