Cash received by kaya traders 9000, and to kushal 12500
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Answer:
cash a/c D.r 21500
To kaya traders 9000
To kushal a/c 12500
Explanation:
1) cash a/c is in debit because when we receive cash it increase cash that mean our assets and as we know that increase in assets is Dr
2) kaya & kushal is in credit because they must be our debtors at sometime and debtors mean assets. After getting cash it decrease our assets which leads to credit side.
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