1.

On 1st January, 2020 Mr.Pathik started a Readymade garments business in and invested Rs.5000000. write journal entry. ​

Answer»

cash a/c. Dr. 5000000 To MR Pathik's capital a/c 5000000Explanation: cash INCREASES by 5000000 which is asset hence debited while capital is the LIABILITY hence CREDITED



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