Question

started business wish cash₹325000goods worth₹50000and laptop₹45000 journal entry​

Answer 1

Answer:

Raghu start the business with three things i. e cash, goods, furniture etc.

Something that come in the business is debited.

All these things are done by the properitor. Hence all these things are goes to Capital account.

JOURNAL ENTRY WILL BE!!!!

Cash a/c. Dr. 80,000

Purchase a/c. Dr. 40,000

Furniture a/c. Dr 20,000

........To Capital a/c............ 1,40,000

( being started business with cash, goods and furniture.)

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Answer 2

Answer:

by, cash A/C.....Dr

by, cash A/C.....Dr by, purchas A/C....Dr

by, cash A/C.....Dr by, purchas A/C....Dr by, laptop A/C.......Dr

by, cash A/C.....Dr by, purchas A/C....Dr by, laptop A/C.......Dr To, capital A/C......CR

by, cash A/C.....Dr by, purchas A/C....Dr by, laptop A/C.......Dr To, capital A/C......CR(being started business with cash, goods and laptop