Question

plz help me right now if u want 50 points ​

Answer 1

Explanation:

Raghu start the business with three things i. e cash, goods, furniture etc.

Something that come in the business is debited.

All these things are done by the properitor. Hence all these things are goes to Capital account.

JOURNAL ENTRY WILL BE!!!!

Cash a/c. Dr. 80,000

Purchase a/c. Dr. 40,000

Furniture a/c. Dr 20,000

........To Capital a/c............ 1,40,000

( being started business with cash, goods and furniture.)

Answer 2

Answer:

In banking, the account balance is the amount of money you have available in your checking or savings account. Your account balance is the net amount available to you after all deposits and credits have been balanced with any charges or debits.