What will be the journal entry of taking money from mother for capital?
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Answered by
19
i think j. entry will be
loan ac dr
to capital ac cr
InderPathak:
No it will be
Cash Account Dr
To capital account
I think their will be to journal entries
1.cash to loan
Answered by
15
ʜᴇʏ ᴍᴀᴛᴇ ✌✌
ᴊᴏᴜʀɴᴀʟ ᴇɴᴛʀʏ ⬇️⬇️⬇️⬇️⬇️⬇️
LOAN A/C ___________________DR
__________TO CAPITAL A/C
________________________✌
ᴊᴏᴜʀɴᴀʟ ᴇɴᴛʀʏ ⬇️⬇️⬇️⬇️⬇️⬇️
LOAN A/C ___________________DR
__________TO CAPITAL A/C
________________________✌
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