124k views
4 votes
I. Commenced business with furniture Rs. 25,000 and cash Rs. 60,000​

User Fryer
by
8.3k points

1 Answer

6 votes

Answer: Furniture A/c dr. 25000

cash a/c dr. 60000

To capital a/c 850000

Explanation:

Furnitue and cash both are assets thats why we have debited it and through the intoduction of these assets ,capital of business increases thats why capital is credited.

User Rizky Ramadhan
by
8.6k points