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Home > Business & Careers > Accounting   »   when new capital is introduced, is it entered in the capital account or bank account?

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Old Nov 24, 2007, 01:37 PM
neelz
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when new capital is introduced, is it entered in the capital account or bank account?
when new capital is introduced, is it entered in the capital account or bank account?

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Old Nov 25, 2007, 03:14 PM   #2  
when_will_I_learn
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Quote:
Originally Posted by neelz
when new capital is introduced, is it entered in the capital account or bank account?
both.

You debit Cash and credit capital
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