owner introduce his own furniture into the business worth Tsh 1000000
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Answered by
1
as the owner has brought the furniture to the business so it will be said as capital introduced
the journal entry will be
furniture A/C dr. 10,00,000
to capital A/C. 10,00,000
the journal entry will be
furniture A/C dr. 10,00,000
to capital A/C. 10,00,000
demonsking52801:
contra entru will be there
easy way to solve it
mmmmmh k
write the journal entry and then simply put the dr of journal in cr side of cash book
help me my friend
and cr as dr
1st one will be
cash a/c dr to bank ac
in cash book write the dr one on the cr side of cash book
n cr on the dr side of cb
Answered by
2
Furniture A/c...Dr. 1000000
To, Capital A/c 1000000
(Being owner introduce furniture as a capital)
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