If I want loan upto Rs.500000/- from bank. so how much
capital show in my balancesheet. please help me.
Your J.E. is
Capital A/c Dr 500000/
To Bank A/c 500000/-
(Being fund reced. from Bank)
And in B/s
capital a/c increase with 500000/-
Is This Answer Correct ? | 1 Yes | 3 No |
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