Question

jouranal entery of he paid us cash

Answer 1

Answer:

This entry is a very simple entry as the only transactions happening is between the cash account and the bank account here we will debit or bank account as the bank account is being increased this can be justified by the rule of accounting which says that we should debit an asset when it increases and credited when it ...

Explanation:

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Answer 2

Answer:

Whenever cash is received, the Cash account is debited

. Whenever cash is paid out, the Cash account is credited