Question

How to write the journal entries to....paid Ravi Rs 5000 by cash and balance through cheque ​

Answer 1

Answer:

Ravi a/c. dr

to cash.

to bank

Answer 2

Ravi A/c      Dr.

     To cash A/c

     To bank A/c

Explanation:

• Cash and bank accounts are real account because these are the assets to the person or entity.
• So, the entry for real account will be:

                " Debit what comes in and credit what goes out."

• So, here we need to pay Ravi through cash and cheque so we need to credit our cash and bank account ,because we are making a payment.
• So, the journal entry that finally goes will be:

                Ravi A/c      Dr.

                            To cash A/c

                             To bank A/c