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What is enty in Tally of newly capital brought to start
business?

Answer Posted / shobha

when business is commenced newly the entry wil be as follows

cash a/c dr
to capital a/c
(being started business)

Ledgers
cash a/c under cash-in-hand
capital a/c under capital a/c

type of voucher
receipt voucher

Is This Answer Correct ?    38 Yes 2 No



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