Shyam sunder and sons commenced business with cash ₹50000
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Cash A/C. Dr 50000
to Captial A/c. 50000
(Being capital of rs50000 introduced by the proprietor )
to Captial A/c. 50000
(Being capital of rs50000 introduced by the proprietor )
Answered by
2
The Journal Entry would be :-
Cash A/c ---------------Dr. ₹ 50,000
To Capital A/c. ₹ 50,000
(Being Bussiness Started by Shyam sunder & sons).
Cash A/c ---------------Dr. ₹ 50,000
To Capital A/c. ₹ 50,000
(Being Bussiness Started by Shyam sunder & sons).
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