Starting a Business with Assets

Starting a business involves investing money into it. In Sania's case, she invested cash, furniture, and machinery. Let's discuss this in detail.

Assets:

Cash - 50000
Furniture - 40000
Machinery - 110000

Cash:

Cash is an essential asset when starting a business. It is required to pay for expenses such as rent, salaries, and other bills. In Sania's case, she invested 50000 rupees in cash, which she can use to pay for her business expenses.

Furniture:

Furniture is another asset that is required for a business. It includes items such as chairs, desks, and cabinets. In Sania's case, she invested 40000 rupees in furniture. The furniture will be used by employees and customers and will help create a professional environment.

Machinery:

Machinery is an asset that is required for manufacturing or production-based businesses. It includes equipment such as computers, printers, and heavy machinery. In Sania's case, she invested 110000 rupees in machinery. This machinery will be used to manufacture products or provide services.

Conclusion:

Starting a business requires investment in assets such as cash, furniture, and machinery. These assets are essential for the smooth functioning of the business. In Sania's case, she invested a total of 200000 rupees in cash, furniture, and machinery.

If you wanted journal entry . Then this is your answer....
Cash A/c __________Dr. 50,000
Furniture A/ c _______Dr. 40,000
Machinery A/ c.________ Dr. 1,10,000
To Capital A/c 2,00,000