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3 years ago

On 1 st March, 2020 Mr. Mohit started a Furniture business in GANDHI NAGAR Mr. Mohit invested Rs 50,00,000.

Mathematics

1 answer:

d1i1m1o1n [39]3 years ago

8 0

Answer:

Answer to the following question is as follows;

Step-by-step explanation:

Given:

Amount invested by Mr. Mohit = Rs. 50,00,000

Computation:

Books of (...... LTD)

Journal entries

Date Particular Debit Credit

March 1 Cash A/C Dr. 50,00,000

To Capital A/C Cr. 50,00,000

(Being Amount invested in new business)

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