The amount brought into the business by the Proprietor should be credited to : (a) Capital a/c (b) Cash a/c (c

Question 26 of 31

Q. The amount brought into the business by the Proprietor should be credited to :

(a) Capital a/c

(b) Cash a/c

(d) Drawings a/c

Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2025MCQ· 1mImportance★★★★★

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Money brought in by the proprietor is credited to the Capital account, so the correct answer is option (a).

By the business entity concept, the business is separate from its owner. When the proprietor brings money into the business:

Q.The amount brought into the business by the Proprietor should be credited to :