Home › CBSE Class 11 (Commerce) › Accountancy › Recording of Business Transactions › Rohit starts a business with Rs 5,00,000 cash. T…
Rohit starts a business with Rs 5,00,000 cash. This increases cash and also:
ALiabilities
BDebtors
CCapital
DStock
Answer & Solution
Correct answer: C. Capital
The owner's contribution is a source of funds recorded as capital.
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