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nupurmehra
Dec 26, 2010, 10:08 PM
With an amount of 1350000in form of building worth 500000, machinery for 200000, office furniture for 50000, he decided to deposit 580000 in bank

Martin_Franklin
Dec 26, 2010, 11:50 PM
So... What is the question?

pready
Dec 27, 2010, 07:09 PM
Debit Cash for the amount
Credit the Owners Equity account for the amount