Question

SWE started over business,1,00,000 for cash 50,000 for furniture 3,00,000 buliding solve this question with entry

Answer 1

Cash a/c. 100000
Furniture a/c. 50000
Building. A/c. 300000
To capital a/c. 450000

Answer 2

Cash A/C Dr   Rs.1,00,000

Furniture A/C  Dr.   Rs.50,000

Building A/C  Dr  Rs.3,00,000

     To Capital A/C   Rs.4,50,000

(being capital brought into the business in the form of cash,furniture and building)