Journal Entry Partnership Form Que23

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Tax Acc
21 Points Posted on 04 August 2023

Hello Sirs

"My Shoppe" is a partnership firm.Mr Man is a Partner and Ms Woman is another partner. 

Please help me - What will be the journal entry in Tally

 

1. What will be the Journal Entry "In Individual Partner Books of Accounts" when Mr Man introduced capital of Rs 20000.00 in the Firm.

 

2. What will be the Journal Entry "In Firm Books of Accounts" when Mr Man introduced capital of Rs 20000.00 in the Firm.

 

 

 

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On 04 August 2023 at 19:24 Report
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Chartered Accountant
16188 Points Posted on 04 August 2023
Cash A/c dr 20000
to Capital A/c 20000
(Firm)
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On 04 August 2023 at 19:48

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