Question

(iv) Debtors
(v) Creditors
25. Name the Accounts to be Debited and Credited in each of the following transactions relating to Anjan's
business :
(i) Bought goods for cash 1,000.
(ii) Paid cash into bank 500.
(i) Received dividend 150.
(iv) Drew from bank for personal use * 250.​

Answer 1

Answer:

drew for bank got personal use *250

Answer 2

Answer:

i ) stock a/c dr. 1000

to cash a/c 1000

ii ) bank a/c dr. 50

to cash a/c 500