Page 31 - DMGT403_ACCOUNTING_FOR_MANAGERS

Accounting for Managers

Notes

Example: Post the journal entries into respective ledger accounts and list out their
accounting balances.
(i) Jan 1,2010 Mr. Sundar has started business with a capital of 50,000.
Dr Cr

Jan 1,2010 Cash A/c Dr 50,000
To Sundar Capital A/c 50,000
Being capital brought by Sundar as cash

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