Which of the following account will be credited, If Mr. “A” started business with cash Rs. 2, 00,000?

A---------------------------------------------------------------

Option A=============================

Option A is the right answer.

The total amount Mr "A" invests should go into Assets (Cash Account) first and latter on called Capital all together. 

A)  Capital 

account will be credited, If Mr. “A” started business with cash Rs.2,00,000

Correct Answer is C . Mr. 'A's account will be credited with Rs.2,00,000/-

A capital account. As Mr. A invested Rs.200000.00 as initial investment in business. Dr........bank Cr........capital

you credit capital account and debit cash in the balance sheet

Answer A... capital account............................................................

From the fund account to Mr. A's account

A) Capital account

Here Mr. A commenced business with cash Rs.200000. Journal entries for this transaction would be..

Cash a/c .....Dr            200000

To capital a/c                              200000