Debit owner capital
Credit bank
Journal entry for opening a bank account
Debit capital expenditureCredit cash / bank
Debit Cash / bank / goods Credit Capital account
Yes, it requires a journal entry as follows:debit cash / bank / assetscredit share capital
[Debit] Cash / bank [Credit] Capital account
Journal entry for opening a bank account
Debit capital expenditureCredit cash / bank
debit share capital accountcredit cash / bank
Debit cash / bank / assetsCredit share capital
Debit Cash / bank / goods Credit Capital account
Debit Bank account xxxx Credit Capital account xxxx
Yes, it requires a journal entry as follows:debit cash / bank / assetscredit share capital
[Debit] Cash / bank [Credit] Capital account
show me journal entery answer started buiness
debit bank 39000credit capital account 39000
[Debit] Cash / bank xxxx [Credit] Capital account xxxx
Debit cash / bank 100000Credit share capital 100000