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How is this treated in Cash book. Started business on Jan 1, 2008 with a...

How is this treated in Cash book.
Started business on Jan 1, 2008 with a capital of #1million out of which he deposited #450,000 in a bank account which he had opened for the business?

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Answers (1)

Precious
2 weeks ago
enter Jan 1 2008 under the date margin, enter the #1million under cash margin, enter the 450000 under bank margin.
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