Accountancy, asked by shravani07, 1 year ago

shri ameya started his buainess witg cash 81000,building 100000 and borrowed from friend rs 25000


shravani07: plz give me answer

Answers

Answered by babushall
12

the journal entry will be

cash a/c dr 81000 -

building a/c dr 100000 -

friends loan a/c dr 25000 -

to capital a/c - 206000

Answered by PiaDeveau
1

Business started with Cash.

Explanation:

                                 Books of (----Limited)

                                      Journal entry

Date             Account Title and Explanation      Debit    Credit

                   Cash            a/c Dr                            81,000

                    Building         a/c Dr                         100,000

                        To Loan       a/c                                             25,000

                         To Capital    a/c                                            156,000

                   (Being business started with cash and building)

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