give journal entries for the following
jan-1 started business with cash 50000 & loan 80000

Answer Posted / althafali.j

cash account DT

TO capital

TO loans

bcz capital &loan has credit balance

Is This Answer Correct ?    19 Yes 9 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the main link between the income statement and the balance sheet?

1642


How does the ration analysis help in depicting profit and loss

1710


IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT

1486


Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com

1975


While posting of FB50 entry therE showing errro msg " NOT ASSIGN COMPANY CODE OR CALCULATION PROCEDURE"

1532






What is re-financing in Letter of Credit settlement

1537


What is written off?

1661


What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...

3633


Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry

1781


1.provide a brief write up on why you consider yourself suitable for the post voting your major achievements? 2. Mention your position in the hierarchy and the levels above and below you ?

1153


Short Answer on -----Trade mark

1476


how to calculate share values of a company.

1679


What is finance lease

1746


How to dived the persons AOP, AJP, BODY OF INDIVIDUALS,HUF,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM(meaning)

2292


Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.

1616