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The owner withdrawal $981, then contributed $4800 to the company a few days later. Which T- account is correct? A. Owner's capital No.15 Date Details
The owner withdrawal $981, then contributed $4800 to the company a few days later. Which T- account is correct?
A.
Owner's capital No.15 | |||||
Date | Details | $ | Date | Details | $ |
June 14 | Cash at bank | 981 | June 1 | Balance | 77,527 |
30 | Closing balance | 81,346 | 28 | Cash at bank | 4,800 |
|
| 82,327 |
|
| 82,327 |
|
|
| July 1 | Opening balance | 81,346 |
B.
Drawings -9 | |||||
Date | Details | $ | Date | Details | $ |
Jun 14
| Cast at Bank | 981 | Jun 30 | Closing Balance | 981 |
|
| 981 |
|
| 981 |
Capital -15 |
| |||||
Date | Details | $ | Date | Details | $ |
|
Jun 30 | Closing Balance | 82,327 | Jun 1 | Opening Capital | 77,527 |
|
|
|
| Jun 28 | Cash at Bank | 4,800 |
|
|
| 82,327 |
|
| 82,327 |
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