Question

prepare ledger of following journal entries:
1) cash a/c dr. 500000
to capital a/c 500000​

Answer 1

Answer:

cash a/c. Dr.

to capital a/c. and

capital a/c. Dr.

to cash a/c.

Answer 2

Explanation:

CASH ACCOUNT

Dr side , Capital account and cr side by balance c/d 500000

2CAPITAL ACCOUNT

Dr side By balance bd- 500000, and cr side cash account - 500000