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delhidude
Nov 14, 2009, 12:27 AM
Rajaram quit his jib and started woodcraft company ( Service Firm) . The Tansactions of business for sep are as folows :

Sep 1 Began Business by investing Cash Rs 10000 in exchange of 1000 shares

pready
Nov 15, 2009, 06:53 AM
Debit cash for the amount
Credit Common Stock for the amount