Accountancy, asked by TheOneUniversal6877, 2 months ago

to start a business,
loan from bank 7 lacs
cash from account 3 lacs
how these two transactions will be recorded in the books of accounts by passing relevant journal entries?

Answers

Answered by rameshfile77
1

Answer:

In 1 times he send 1.5 thousand

and in 2 times he send 3 lakh

total loan 7lakh

and he gives 3lakh

7lakh - 3 lakh = 4lakh he give more

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