Generally the first transaction when a business is being set up is for the owner to introduce capital. On 25th February Breda Willis took the initial steps in starting her new business venture 'Books on Wheels' by opening a business BANK account and lodging €50000 as CAPITAL from her own private resources.

Feb 25: Capital €50000 lodged to bank by owner.

Tick which two ledger accounts should be used.

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