Vidyalelo
Commerce · Q121

Accounting

Graduate and Post Graduate · Commerce · question 121

Q121

Introduction of capital by owner of business is recorded on which side of a cash book?

A.
Receipts
Answer
B.
Payments
C.
Incomes
D.
Expenditures

Answer: Option A

Solution

Answer: Option A
Solution:
Introduction of capital by owner of business is recorded on Receipts side of a cash book.