Question

52. Paid to Rahul on behalf of Sanjay 12,000 will be debited to:
(A) Rahul's Personal Account (B) Sanjay's Account
(C) Drawings Account
(D) Cash Account​

Answer 1

Explanation:

In the given scenario, Sanjay is debited to Rahul.

As Rahul paid on behalf of Sanjay, so Sanjay is now debted to Rahul.

hope it's helpful

Answer 2

Answer:

The correct option is B i.e., Sanjay's Account

Explanation:

As per Golden rule of Accounting.

Debit, the receiver (the person who received the amount is to be debited)

Credit, the giver (the person who give the amount is to be credited)

In this case, Sanjay is belong to business transaction, Rahul has not any link with business transaction.

Amount received by Rahul in place of Sanjay.

This amount is belong to Sanjay.

So business will debited to Sanjay because Sanjay is a receiver and the person who is receiver is to be debited as per golden rule of Accounting.

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