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
Answers were Sorted based on User's Feedback
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 )
| Is This Answer Correct ? | 0 Yes | 2 No |
income tax refunds should be accounted for on cash basis or accrual basis
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Name some errors which can be detected by Trial Balance
Do assets have to be analysed between funds?
clasification of accounts
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Name the Errors Which the Trial balance cannot detect
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Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com