Ramesh started business with cash ₹ 100000
Answers
Answered by
39
Journal entry
Cash A/c Dr 100000
To capital A/c 100000
(being started business with cash )
-------------------------------------------------------------------------------
Reason :
Cash comes into the business therefore its debited
Capital A/c is the personal A/c where company receiver of goods therefore its credited
Answered by
27
journal entry is that.
Cash A/c. Dr. 100000
To Capital A/c. 100000
( being bussiness started with cash)
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