cash a/c.......Dr. To loan(Mr.x)a/c

What will be entry for that: Busines strarted with brrowed
cash Rs. 25000 from Mr. X. if capital will be creadit. Why?

Question Posted / hridesh pandey

Answer Posted / hridesh pandey

cash a/c.......Dr.

To loan(Mr.x)a/c

Is This Answer Correct ?

4 Yes

8 No

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