Accountancy, asked by ratni27, 7 months ago

decrease in creditor is ?​

Answers

Answered by rudrranisrivastava43
0

Answer:

Double entry system of accounting says that for every debit there will be a credit. Hence if any amount paid to a creditor will decrease the amount of creditor and on other side, cash will also be decreased. Accounting entry will be as under: Creditors A/c

Answered by FrankFelix
2

Answer:

decrease in cash

Explanation:

Double entry system of accounting says that for every debit there will be a credit. Hence if any amount paid to a creditor will decrease the amount of creditor and on other side, cash will also be decreased. Accounting entry will be as under:

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