Accountancy, asked by xevilplaylistx, 11 months ago

Gd evening mates !
Journal Entry (Without GST)
-- Purchased computer against cheque from Computer Mart, Noida.

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


BrainlyDazzle07: heya!

Answers

Answered by tanmoyvestige
5

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

Computers A/C      DR

          To Bank A/C      

(Being Purchased computer against cheque from Computer Mart, Noida.)

Short explanation

Payment has been made by cheque therefore, no creditors will be created in the name of Computer Mart and instead bank account will be credited and Computer will debited.  


tanmoyvestige: Give a thanks yar
tanmoyvestige: Welcome
Answered by nikijain2972005
3

HEYA MATE !

Computer A/C. Dr.

To Bank A/C

(Being purchased computer)

hope it helps

Life☯️Love❤️Peace☮️

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