English, asked by bhartikotiyana, 6 months ago

started business with cash​

Answers

Answered by Anonymous
4

\huge\tt\pink{✰\:Hello\:Mate}

Cash A/c needs to be Debited and Capital Account needs to be credited. As Business has received Cash which is an Asset for the Organisation and it needs to Credit the Capital Account as it the liability for business to return the amount invested by the promoter. Cash Account - Dr. Capital Account - Cr.

Answered by priyaomprakash79
0
Gz

Pls mark as brainliest answer
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