Question

started business with 50,000 paid into bank 20,000​

Answer 1

Answer:

which type of business

Explanation:

joint venture

partnership form

Company

Answer 2

Explanation:

⭕Started business with 50000.

Cash a/c Dr 50000

To Capital a/c 50000

(Being started business with cash)

⭕Paid into bank 20000.

Bank a/c Dr 20000

To Cash a/c 20000

(Being cash paid into bank)