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متابعة

What should be the entry of Owner investment when he start the business and which voucher is to be made ?

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تم إضافة السؤال من قبل Qamar Rizwan , Accountant , Hatco International FZC
تاريخ النشر: 2016/05/24
jadima asis
من قبل jadima asis , Bookkeeper Manager , Bacolod City National High School

Cash (DR); Capital or Equity (CR)

General Journal 

Salah Al Din Rahmeh
من قبل Salah Al Din Rahmeh , Senior General Ledger & Payroll Accountant, IA-CMA,ERP,Oracle , Confedintial

****dr/bank

****dr/car

****dr/furniture

*********cr/capital

 

opening entry 

 

Qamar Rizwan
من قبل Qamar Rizwan , Accountant , Hatco International FZC

I think Cash/Bank Account to be debite because it gain in any source . and Owner's Equity account should be credited with same amount as it gain libilty .

Receipt Voucher is not require because there is no second party .

Owner himself investing in his own business so journal entery is enough and suporting documents require ( legal documents ) as proof 

المزيد من الأسئلة المماثلة