cash received from somu for journal entry
Answers
Answered by
1
Answer:
Cash A/c Dr. 10,000
ToRam’s A/c 10,000
Answered by
13
Answer:
Explanation: Since Ram is a Debtor, on receipt of cash from Ram, Ram's A/c would be credited, as there is a decrease in Debtors which is an asset . ... When an asset is increased, the asset account is debited according to the Rules of Debit and Credit. So Cash A/c would be debited.
Similar questions