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give journal entries for the following
jan-1 started business with cash 50000 & loan 80000

Question Posted / amar deep mishra

Answers were Sorted based on User's Feedback



give journal entries for the following jan-1 started business with cash 50000 & loan 80000 ..

Answer / ali azgar

CAPITAL A/C DR 130000
CASH A/C 50000
LOAN A/C 80000

I THINK THIS IS RIGHT ANSWER THAT'S BECAUSE ONCE WE START BUSINESS WHATEVER WE PUT IN THE BUSINESS THAT IS A CAPITAL SO CASH HAS COME AND LOAN HAS COME TO THE BUSINESS NOTHING BUT CAPITAL HAS COME AND BUSINESS CAPITAL GOT RISES.

Is This Answer Correct ?    8 Yes 31 No

give journal entries for the following jan-1 started business with cash 50000 & loan 80000 ..

Answer / rajeev shukla

Capital a/c dr 50000
loan a/c dr 80000
to cash 130000

Is This Answer Correct ?    5 Yes 28 No

give journal entries for the following jan-1 started business with cash 50000 & loan 80000 ..

Answer / chika

capital A/c Dr 50000
cash A/C 50000

Is This Answer Correct ?    9 Yes 38 No

give journal entries for the following jan-1 started business with cash 50000 & loan 80000 ..

Answer / thirupathi

capital A/c Dr.....50000
Cash a/c 50000

Is This Answer Correct ?    15 Yes 52 No

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