started business with rupees 10000.paid to bank rupees 5000
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Answered by
15
Started business with cash.. 10000
JOURNAL ENTRY - -
CASH A/C DR. 10,000
TO CAPITAL A /C.. 10000
(BEING BUSINESS STARTED WITH CASH)
Paid to bank rp5, 000
JOURNAL ENTRY - -
BANK A/C DR 5,000
TO CASH A/C 5,000
( BEING CASH PAID TO BANK )
JOURNAL ENTRY - -
CASH A/C DR. 10,000
TO CAPITAL A /C.. 10000
(BEING BUSINESS STARTED WITH CASH)
Paid to bank rp5, 000
JOURNAL ENTRY - -
BANK A/C DR 5,000
TO CASH A/C 5,000
( BEING CASH PAID TO BANK )
Answered by
6
cash a/c dr. 10000
to capital 10000
(being cash introduced in business)
bank a/c dr. 5000
to cash a/c 5000
(being cash deposited into the bank)
to capital 10000
(being cash introduced in business)
bank a/c dr. 5000
to cash a/c 5000
(being cash deposited into the bank)
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