Answer:
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Date Particular L.F Debit Credit
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a. Cash a/c Dr. 500000
To capital a/c. 500000
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<h3>
Some rules of Debit and credit:</h3>
Personal account is related to proper noun like name of person, name of bank and company.
Rules for personal account:
Debit: the receiver
Credit: The giver
Personal Account is used to record credit transactions.
It is related to visible things except personal account terms.
For example: Goods, Cash, Furniture, Vehicles, Buildings.
Rules for Real Account:
Debit: What comes in
Credit: What goes out
Nominal account refers to those things which cannot be seen but can be expressed in terms of money.For example: Rent, Salary, Wages, Commission, Tax etc.
Rules for Nominal Account:
Debit: All expenses and losses
Credit: All income and profit
Note: Every debit should have equal credit.
Hope this helps..
Good luck on your assignment...