Interested to Buy Any Domain ? << Click Here >> for more details...
What will be entry for that: Busines strarted with brrowed
cash Rs. 25000 from Mr. X. if capital will be creadit.
???????????????????????WHY????????????????
- 5 Answers
- 11904 Views
- IAS, I also Faced
- E-Mail Answers
Answer Posted / libin kulamuttom
In company's book the entry
will be:
By cash
To capital
(here the firm is liable to pay
the amount to the owner)
At the same time,the owner
will also maintain his own book.In his book the entry
will be:
By cash
To loan from mr x
(here the owner is liable to
pay the amount to mr.x)
Libinoxford@gmail.com
| Is This Answer Correct ? | 15 Yes | 4 No |
Post New Answer View All Answers
why are accounting firms needed?
In which term & condition excise invoice raises & for what excise invoice raise?
What is the basic accounting equation?
how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE
what is t code of gr/ir report?
Tell me about an invoice discrepancy you discovered and how you resolved it
were you happy with the grades you achieved at a-level?
Explain me the basic accounting equation?
Cash bill of sale so the company can deduct the amount.
my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz
SHADOW BALANCE SHEET
In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer
what is a corporate chart of accounts and its purpose?
What is the important of computerized accounting to manual?
What is the entry for provision?
