Accountancy, asked by account69, 11 months ago

started business with cash 5000 and furniture 10000 which two account is here​

Answers

Answered by gokulkrishna29
0

Answer:

capital account,cash account,furniture account

Answered by tanmoyvestige
0

Question

Started business with cash  ₹ 5,000 and furniture ₹ 10,000

Answer

According to rules of journal

Here two accounts will be debited ( Cash and Furniture )

And

One Account will be credited ( Capital )

The Entry will be

Cash A/c               Dr    ₹ 5000

Furniture A/c        Dr     ₹ 10,000          

     To Capital A/c                        ₹ 15000

(Being Business commenced With Cash and Furniture)

                                                                                                               

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