sold wife ornament for rs 50000 and deposited the amounts in businees bank
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Hi!
Since you have not specified what is required, I will assume that a Journal Entry is to be made.
The entry would be as follows:
Date Particulars L.F Dr.(Rs.) Cr.(Rs.)
Bank A/c Dr. 50,000
To Capital A/c 50,000
(Being sold wife ornament for rs 50000 and deposited the amounts in business's bank account)
Hope this helps :)
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