Cash and Stock Introduce into Business – Accounting of Transaction
Ex-Introduced ₹8,00,000 as cash and ₹ 50,000 by stock.
- It affects Cash and Inventory on the assets side and Capital on the other hand.
- There is an increase in cash by ₹8, 00,000, and Inventory of goods by ₹50,000 on the assets side of the equation.
- Capital is increased by ₹8, 50,000.
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