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    nupurmehra's Avatar
    nupurmehra Posts: 1, Reputation: 1
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    #1

    Dec 26, 2010, 10:08 PM
    Journal
    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's Avatar
    Martin_Franklin Posts: 14, Reputation: 1
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    #2

    Dec 26, 2010, 11:50 PM
    So... What is the question?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #3

    Dec 27, 2010, 07:09 PM

    Debit Cash for the amount
    Credit the Owners Equity account for the amount
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