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-   -   When new capital is introduced, is it entered in the capital account or bank account? (https://www.askmehelpdesk.com/showthread.php?t=155528)

  • Nov 24, 2007, 03:37 PM
    neelz
    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?
  • Nov 25, 2007, 05:14 PM
    when_will_I_learn
    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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