The amount brought in by the proprietor in the business should be credited to ........

Accountancy (Phase -I & II) Accounting cycles

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The amount brought in by the proprietor in the business should be credited to:

cash account.

capital account.

drawing account.

bank account

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Explanation:

The capital account is a record of the inflows and outflows of capital that directly affect a nation's foreign assets and liabilities. It is concerned with all international trade transactions between citizens of one country and those in other countries

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