Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

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 composition vat

2397


Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?

2093


what is the meaning of (PDD’s, DOD’s, CFR’s,) based on understanding of the business process

2348


the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.

2095


Which entry we pass self entry like cash withdraw for ourself

1633


Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar

2076


I've just started to work as an accounts executive and intending to take up SAP. Can anyone tell me what are the preparations required for me as an accountant to be a successful SAP consultant.

2183


how to calculate stt

2753


I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.

2027


sort out the difference between service provider & service reciepient from the service tax.

2082


Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com

2047


Expand---------BPCD

2044


Being BE student why you want to join bank?

2419


What is the difference between reserve and provision.

2270


while i creating a main asset master there is a error called process being terminated? pls send the solution

2201