Question

started business with 10,000 in the bank. Which two T account do I use for this transaction?

Answer 1

Explanation:

1) bank a/c

2)capital a/c

bank is receiver because 10000 are in bank.

and Proprietor is giver so capital account.

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Answer 2

Answer:

Explanation:

Dr cr

Bank account dr 10000

To capital account 10000