Question

Cash paid to hema in journal entry

Answer 1

Hy..friend.... .....Journal entry.....

heema A/c Dr
To cash A/c

I hope its helps you
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Answer 2

Given"cash paid to Hema"

This entry affects two accounts...Cash a/c(mode of payment) and Hema a/c(paying to Hema/Hema is receiving)

Cash a/c is a real account (all the assets and liabilities come under real account)

Hema a/c Is a personalaccount(as the name suggests)

The Three golden rules of accounting..

Personal account - Debit the receiver, credit the giver

Real Account - Debit what comes in, credit what goes out..

Nominal account - Debit All expenses and losses.. credit all incomes and gains...

In contention with the above rules..Cash a/c should be credited..since it is going out...Hema a/c should be debited..being at the receiving end..



The Journal Entry will be...


Hema a/c Dr xxxx

To Cash a/c. xxxx

(being cash paid to Hema)