Accountancy, asked by ALevelNJB9527, 1 year ago

Ramesh started business with cash ₹ 100000

Answers

Answered by anuritha
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 AyushUpadhyay246
27

journal entry is that.


Cash A/c. Dr. 100000

To Capital A/c. 100000

( being bussiness started with cash)

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