Accountancy, asked by mkinosha, 9 months ago

what happens when owner pays capital into the bank

Answers

Answered by ankurbanerjee

0

Answer:

BANK ACCOUNT DR.

TO CAPITAL ACCOUNT

Explanation:

Bank account is increased and it is REAL account so it will be debited (debit what comes in, credit what goes out)

Capital account is credited as it is Personal account (Debit the receiver, credit the giver)

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