Journal entry for jassi directly deposit to swati account 16000
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Swati a/c. Dr. 16,000
......To cash a/c... 16,000
[ being cash deposited to swati account.]
Cash account is credited because cash is goes out from jassi account and he is also creditor to swati account and its opposite swati is Debtor for jassi hence debited to jassi account...
......To cash a/c... 16,000
[ being cash deposited to swati account.]
Cash account is credited because cash is goes out from jassi account and he is also creditor to swati account and its opposite swati is Debtor for jassi hence debited to jassi account...
Answered by
3
Swati account dr. ....... To cash a/c.. Above journal entry shows that swati account is debited because she is Debtor and received money from the jassi and jassi is a creditor because he give money to the swati ie creditor... Journal entry is always possible if we kept in mind the rules to record transactions.. Rules may be real, personal and nominal account... Always kept these rules in mind because it is so helpful for all to record transactions in the journal... Hope you like it and please mark as brainliest
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