Accountancy, asked by xevilplaylistx, 11 months ago

Gd evening mates !
Journal Entry (Without GST)
-- Paid for postage stamps.

have a great day ahead^^
Life☯️Love❤️Peace☮️​


monalibanerjee: Who have reported the question
monalibanerjee: ok

Answers

Answered by monalibanerjee
3

Answer:

Your journal entry will be

Postage stamp A/C                  Dr.        

           To  Cash A/C

                                                                                           

Answered by tanmoyvestige
7

Answer

Golden Rules of Journal

Personal account rule

Debit- The receiver.  

Credit- The giver.  

Real account rule

Debit- What comes in.  

Credit- What goes out.  

Nominal account rule

Debit- All expenses and losses.  

Credit- All incomes and gains.  

Now

The journal entry will be

Postage stamp A/C      DR

          To cash A/C

(Being Paid for postage stamps )

                                                                                                         


tanmoyvestige: Welcome
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