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What is journal entry for started business with cash 50000?

Anonymous

∙ 10y ago

Updated: 9/24/2023

debit cash 50000
credit capital 50000

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∙ 10y ago

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What is the journal entry of business started with cash?

debit cashcredit capital

What is the journal entry when business is started without cash?

When business is started without cash then may be owner invested some kind of asset in business journal entry is as follows: [Debit] asset in kind [Credit] Owner's Equity

What is the journal entry of business started with cash deposite in to bank?

show me journal entery answer started buiness

What will the journal entry for business started with 30000 cash and 100000 bearer cheque?

suman

What is journal entry when started business with furniture?

Furniture a/c dr. To capital a/c

Related Questions

What is the journal entry of business started with cash?

debit cashcredit capital

What is the journal entry when business is started without cash?

When business is started without cash then may be owner invested some kind of asset in business journal entry is as follows: [Debit] asset in kind [Credit] Owner's Equity

What is the journal entry of business started with cash deposite in to bank?

show me journal entery answer started buiness

What is journal entry when started business with furniture?

Furniture a/c dr. To capital a/c

What will the journal entry for business started with 30000 cash and 100000 bearer cheque?

suman

Why do you need to do journal entry?

Journal entry is required to record business transaction in books of accounts and without journal entry no business transaction can be recorded in books.

What is the journal entry for cash in hand 50000 and bank deposit 30000 for opening a business firm?

cash a/c dr 50000 bank a/c dr 30000 TO CAPITAL a/c 80000

When is journal entry made?

Journal entry is made as soon as when any business transaction occur in business.

Why do you pass an journal entry?

For the recording of journal entry, it is mandatory to be business transaction occurred already otherwise no journal entry can be made prior to occurrence of business transaction.

What is a journal entry for opened a bank account and deposit 50000?

Debit bank account 50000Credit cash 50000

What is a compound journal entry?

Compound journal entry is that entry which records more than one business transaction in one single journal entry.

What is the journal entry for business started with land Rs22000?

Debit Land 22000 Credit Capital 22000

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