personal car sold for rupees 60000 and introduce this amount into his already existing business journal entry
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Answered by
2
Answer:
cash dr. 60000
capital cr. 60000
Answered by
1
Answer:
cash A/c dr 60000
To owner's capital A/c 60000
no entry will be done when owner sold his personal car.only one entry is to be done in this transaction as owner is introducing capital in his firm
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