Accountancy, asked by avantika200410, 9 months ago

why is capital A/C is credited in journal entries when business is started with cash?

Answers

Answered by student7290
1

Answer:

don't know,, sorry

try to answer your next question

Answered by lTheDreamCatcherl
16

Cash account is debited and capital account is credited with the amount of which business has been commenced because this increases the capital of the business as it is credited. To Capital a/c.

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