nadimansary289
nadimansary289 nadimansary289
  • 02-03-2021
  • Business
contestada

started business with cash rs 30000 and bank balance rs 50000​

Respuesta :

andromache andromache
  • 07-03-2021

Answer and Explanation:

The journal entry is shown below:

Cash Dr 30,000

Bank Dr 50,000

      To Capital 80,000

(Being cash and bank brought into the business)

Here the cash and bank is debited as it increased the assets and credited the capital as it also increased the equity

Answer Link

Otras preguntas

Solve each equation. |x+5|=-3
a service station on the interstate changes $2.29 per gallon of gasoline and $1.89 per quart for oil. What would be a recourable amount to pay for 10 gallons of
A circle with a radius of 5 is transformed into the following function: (x/3)² + (5y)² = 25 What percentage of the original circle's area is the area of the new
PLSS HELP MEEE!! It'll be very appreciated
PLSS HELP MEEE!! It'll be very appreciated
Josh rented a truck for one day there was a base fee fee of $12 and there was additional charge of 8 cents for each mile driven the total cost (c) for driving
Five times a number decreased by 2 is 4, find the number.
What is the sum of the matrices shown below? 3 6 0 9 5 -2 + 6 0 -8 4 =
In how many ways can a person order one ice cream cone with 3 different flavors of ice cream if there are 14 flavors to choose from and it matters to the person
In the diagram of a gate, the horizontal bars are parallel and the vertical bars are parallel. Find x and y. Complete the explanation Indicating which postulate