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Ainat [17]
1 year ago
13

2008 1 Mar Started business with $1,000 cash.credit or debit​

Business
1 answer:
SSSSS [86.1K]1 year ago
3 0

Answer:

The cash a/c is debited as it is an asset for the business and the capital a/c is credited as it is a liability for the business according to the business entity concept.

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