Capital entry
This query is : Resolved
VIMAL SAGAR
(Querist)
04 May 2012
Plz tell me, Business started by Cash.
Then entry will be: Cash A/c Dr
Capital A/c Cr
If Business started by Self Cheque, Then Entry will be?
plz tell me this entry.
Then entry will be: Cash A/c Dr
Capital A/c Cr
If Business started by Self Cheque, Then Entry will be?
plz tell me this entry.
Dintakurthi Tirumala
(Expert)
04 May 2012
For first question your are correct.
For second question you mean if the capital brought by way of cheque i.e. bank balance. Then the entry is
Bank a/c dr
To Capital a/c.
if you differ your view please post clearly.
OM SAI SRI SAI JAI JAI SAI
For second question you mean if the capital brought by way of cheque i.e. bank balance. Then the entry is
Bank a/c dr
To Capital a/c.
if you differ your view please post clearly.
OM SAI SRI SAI JAI JAI SAI
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