Question

ram and Sita start the business with 10000 cash each and 90000 each by cheque journal entry​

Answer 1

AnswEr :

• Journal entries

Cash A/c Dr. Rs.20000

To Capital A/c. Rs.20000

Bank A/c Dr. Rs.180000

To Capital A/c. Rs.180000

• Let's combine both the entries

Cash A/c Dr. Rs.20000

Bank A/c Dr. Rs.180000

To Capital A/c. Rs.200000