Accountancy, asked by fardinmolla99899, 10 hours ago

cash brought in (jounal entry)​

Answers

Answered by tusharg2424
0

Whenever cash is received, the Cash account is debited (and another account is credited). Whenever cash is paid out, the Cash account is credited (and another account is debited).

Answered by lokitagoyal9812
0

whenever cash is recieved , the cash account is debited (and another account is credited) .whenever cash is paid out the cash account is credited .

for example - cash received of rs500 journal entry is

cash a/c dr--------500

to cr-----------------500

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