Question

Open the current account by personal cheque rupees 350000 pass journal entry

Answer 1

heyaa,,,

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Open the current account by personal cheque rupees 3,50,000.

journal entry will be ~

Bank a/c Dr 3,50,000.

To Capital a/c 3,50,000.

(being current a/c opened.)

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hope it helps...

Answer 2

your journal entry will be:

bank a/c. Dr. 35000

to cheque in hand a/c. 35000