Question

Cash received by kaya traders 9000, and to kushal 12500

Answer 1

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.