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प्रश्न
The amount brought into the business by the proprietor should be credited to __________.
पर्याय
Cash account
Drawings account
Capital account
Suspense account
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उत्तर
The amount brought into the business by the proprietor should be credited to Capital account.
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संबंधित प्रश्न
Write the word, term, phrase, which can substitute the statement.
The process of extracting the balance and inserting it on lesser side of an account.
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_____________ is prepared to test arithmetical accuracy of Books of Accounts.
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Balances of Nominal Accounts are carried forward to the next year.
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Explain the procedure for balancing a ledger account.
Pass journal entries for the following transactions and post them to the ledger.
| 2017 Aug. | Particulars | ₹ |
| 1 | Dharma started business with cash | 70,000 |
| 6 | Cash received from Ganesan | 10,000 |
| 10 | Rent paid | 3,000 |
| 20 | Received commission from Anand | 5,000 |
Prepare Furniture A/c from the following transactions.
| 2016 Jan | Particulars | ₹ |
| 1 | Furniture in hand | 2,000 |
| 1 | Purchased furniture for cash | 4,000 |
| 30 | Sold furniture | 400 |
Give journal entries and post them to cash account.
| 2016 June | Particulars | ₹ |
| 1 | Commenced business with cash | 1,10,000 |
| 10 | Introduced additional capital | 50,000 |
| 28 | Withdrawn for personal use | 20,000 |
