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-   -   If I put 30k to start my business, what is debit & credit a/c in journal entry? (https://www.askmehelpdesk.com/showthread.php?t=420467)

  • Nov 29, 2009, 07:23 PM
    camen
    If I put 30k to start my business, what is debit & credit a/c in journal entry?
    If I use 30k to start my own business, what's the debit & credit a/c in journal entry?
  • Nov 30, 2009, 04:06 AM
    ROLCAM

    DEBIT Cash Account $30,000
    CREDIT Capital Account $ 30,000

    Being an amount of $30,000 introduced as Capital into the business.

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