Accountancy, asked by ginakongani, 8 months ago

write the transaction for started business with $ 12 000 in cash

Answers

Answered by 9178468855

0

Answer:

Cash A/C debited and Capital A/C is credited.

Explanation:

Answered by moirak

0

Answer:

Cash account dr.

To Capital account

Amount $12000

Explanation:

Debit what comes in and credit the giver. Since the giver is owner it is treated as capital.

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