Answer / sheik

cash A/C DR

capital X A/C Cr

Answer / ganesh sethy

cash a/c dr..
to capital a/c .

Answer / libin kulamuttom

In copany's book the entry
will be:
By cash
To capital
[Here the busines is liable to
pay tha amount to the owner]
At the same time the owner
will also prepere his own
account.There the entry will
be:
By cash
To loan from mr.x
[here the owner is liable to
pay the amt to Mr.x personally]

Answer / sachin pathak

cash a/c dr. 25000
to capital a/c 25000

Answer / pappu sharma

How can a person start a Business with the help of other's
money. lallluu sala

Answer / vinod

loan request letter.

Answer / arpit jain

Cash A/c Dr. 25000
To X's A/c 25000

Answer / lalsingh

mr. x dr
to capital a/c

Answer / anand reddy

cash a/c dr

to capital a/c

bcoz company is separate and person is separate. in the
company books entry is posted according to the person.

Answer / babhu kanchupalli(dms)

Cash a/c Dr
To Capital a/c
(being business started with capital)

According to the seperate entity concept, the proprieter is seperated from the business.If the proprieterstarts the business with borrowed money......it belongs to his personel transaction....businesss has no effect on this.....even they invested their own money or borrowed from others it is up to him only....for business capital is a liability......in this case also it is same like that.....

Explain me your current/former role, your responsibilities, and how success is/was measured?

0 Answers  

What is the purpose of preparing BRS? What are the uses?

3 Answers   L&T, Servis,

deperication of manufacturing department in manufacturing overhead is a direct expence or indirect expence?explain with reason

1 Answers  

Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.

0 Answers  

where outstanding debts being Rs 48000 and 20% considered to write off . pass jounal entry.

2 Answers   Kalyani Forge, MCom,

1.Is deprciation a source of funds? How is it treated in calculatiing fund from operations? 2. What is standard costing? Ple. give its advantages. 3. What do you mean by solvency ratios. List two types of solvency ratios which are used by variuos firms. 4. What is objectives of Job costing? 5. Explain Brifly two capital budgeting technique using discounted cash flow criteria.

2 Answers  

The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.

0 Answers  

what is a financial statement

2 Answers  

7. Calculate the Selling Price: Cost is $ 30. Markup is 30% * Markup is based on cost * Markup is based on selling price

1 Answers  

How do you calculate GRATUITY and how much its exempted under taxation?

1 Answers  

Can anyone clearly explain difference between assessment year and financial year?

3 Answers  

Explain things that fall under intangible asset?

0 Answers