Accounting entry


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Querist : Anonymous

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Querist : Anonymous (Querist)
29 March 2016 Dear Sir,

Whether is it possible show cash received from individual (Proprietor) to his propertieship firm , then what should be entry in books of accounts of Proprietorship firm ???


30 March 2016 yes,

Cash A/c .....Dr
TO Proprietors Capital Account

30 March 2016 Cash account
To Proprietor's Capital A/c


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