Question

pass journal entry 4 dis

Started Business with cash rs.10000 and creditors rs.20000

Answer 1

cash a/c dr 10000
goodwill a/c dr 20000
to capital a/c 10000
to creditors a/c 20000
(being business started
with cash and creditors)

Answer 2

Answer:

cash a/c dr 10000

goodwill a/c dr20000

to capital a/c

to creditors a/c

(being business started with cash and creditors)