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rajeev


{ City } delhi
< Country > india
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Question { 4422 }

If I want loan upto Rs.500000/- from bank. so how much
capital show in my balancesheet. please help me.


Answer

Your J.E. is
Capital A/c Dr 500000/
To Bank A/c 500000/-
(Being fund reced. from Bank)
And in B/s
capital a/c increase with 500000/-

Is This Answer Correct ?    1 Yes 3 No