dada proposed to start a business. He had only N10,000
which was not enough to start the business, he got a loan
of N10,000 from his bank
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Answer / nitin
cash a/c Dr 10000
Bank a/c Dr 10000
To Capital a/c Cr 20000
(Being Capital Introduced to start business)
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Answer / rabindra nayak
Capital a/c 20000/- Dr
cash a/c 10000 Cr.
Bank a/c 10000 Cr.
(Being Started Business )
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