Started business with cash 10000, stock 15000, furniture 5000?

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Answer

Starting a Business with Cash, Stock and Furniture

Starting a business involves a lot of planning and organizing. One of the most important aspects of starting a business is deciding on the initial capital investment. In this case, the business is started with cash, stock, and furniture. Let's take a closer look at each of these factors:

Cash Investment

Cash investment refers to the amount of money that the business owner puts into the business to get it started.

In this case, the business owner invested $10,000 in cash to start the business.

This cash investment can be used to pay for various expenses such as rent, utilities, marketing, and salaries for employees.

Stock Investment

Stock investment refers to the amount of money that the business owner puts into buying inventory for the business.

In this case, the business owner invested $15,000 in stock to start the business.

This stock investment can be used to purchase products that the business will sell to customers.

It is important to manage stock investment carefully to avoid overstocking or understocking, which can lead to financial losses.

Furniture Investment

Furniture investment refers to the amount of money that the business owner puts into buying furniture and equipment for the business.

In this case, the business owner invested $5,000 in furniture to start the business.

This furniture investment can be used to purchase desks, chairs, shelving, and other equipment needed to run the business.

It is important to invest in high-quality furniture and equipment to ensure that it lasts a long time and does not need to be replaced frequently.

Starting a business with cash, stock, and furniture requires careful planning and management. By investing wisely and managing expenses carefully, the business owner can ensure that the business is successful and profitable.

Answer

Cash A/C DR
Stock A/C DR
Furniture A/C DR
To Capital A/C

Answer

Cash a/c Dr
to capital a/c
stock a/c Dr
to capital a/c
furniture a/c Dr
to capital a/c

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