Question

udaybhan started a business with rs 45,000 in cash out of which he opened an account in a bank with rs 30,000​

Answer 1

Explanation:

Journal entry

1. cash A/c Dr ... 45000

To capital A/c 45000

(Business started with cash).

2. bank A/c Dr... 30000

To cash A/c. 30000

(opened an bank account with cash).