Accountancy, asked by Roxz4, 9 months ago

Hi can anyone answer this pls

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Answers

Answered by bujji611
1

Answer:

here are the answers... Thanks for brushing up this topic..

Explanation:

Refer the notes what I have sent, dear

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Answered by sagarkag1947
1

Answer:

Q1.

Because purchasing an asset means more asset is coming in.. and an asset ac is on the debit side. "debit what comes in, credit what goes out."

Q2.

credit side.

Q3.

c) nominal

Q4.

1) debit what comes in , credit what goes out.

2) Debit all expenses and losses, Credit all incomes and gains.

3) dr the receiver , cr the giver.

Q5.

in the books of....

Journal Entry

1. Cash dr

to capital

2. Furniture dr

to cash

3. purchases dr

to cash

4. purchases dr

to Hari & co.

5. Cash dr

to sales

6. Salary dr

to bank

7. electricity bill dr

to cash

8. telephone bill dr

to cash

9. stationary dr

to cash

remember:

put it in proper format. insert the amounts.

give notes in ( ) after every journal entry, starting with the word being.

(please mark me the brainliest! I would really appreciate it!!!)

(please mark me the brainliest! I've done way more that what youd get for 5pts. I would really appreciate it!!!)

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