Question

cash paid to hema what joutnal entrie

Answer 1

Hema A/C.  Dr. Rs.xxx    To Cash A/C  Rs.xxx (Being cash paid to Hema)

Answer 2

3 golden rules

• debit the receiver , credit the giver

• debit what comes in , credit what goes out

• debit all the expenses and losses , credit all the incomes and gains

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reason for debit and credit

Hema A/c - Personal A/c , where hema is the receiver of money which we pays so its debited

Cash A/c - real A/c , where money goes out of the company therefore its credited

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Journal entry

Hema  A/c     Dr    

        To Cash A/c                

(being cash paid to hema )