Ramu started business with rs 1000000.give me journal entry. plz explain brefily

Answer Posted / saral kumar dutta

cash account ... dr
tp capital account

Is This Answer Correct ?    2 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell me do you have any professional experience of this field?

667


What is the difference between Accruals and Provisions?

1173


Where a cash discount should be recorded in a journal entry?

627


Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

3434


what is the enty for contract bill raised?

1830






What do u mean by press releases

1620


hi, this is shanthi kumar(M.Com). i would like to attend interview in genpact company.please send finance interview questions and interview details. thank u very much

1476


What is project implementation?

647


Tell me why do you apply for a job of an account executive?

654


What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?

8180


Tell me what do you think is bank reconciliation statement?

669


What is vat adjustment?

637


1.what is the entry of petrol of payment made by credit card of owner? 2.what is the entry of petrol of payment made by credit card of Company?

890


Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.

1601


Tell us did you use accounting applications at your previous companies or prefer working manually?

618