Manju started business with Rs.10000?state whether the following transcation is

Manju started business with Rs.10000?state whether the
following transcation is business transcation or non
business transcation?with reson?

Question Posted / babubm_22

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Manju started business with Rs.10000?state whether the following transcation is business transcatio..

Answer / shi

Manju! invested Rs. 10000 of her personal
Funds to start up a business, so its a
Business transaction, and Manju has an
owners equity for the same amount in her
Capital Account. of the Business.

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