Question

Journal entry for paid electricity expenses

Answer 1

journal entry for this is
electricity expenses a/c XXX
to cash/ bank. XXX
(being the electricity expenses paid)
hope it helps you if so then please mark it as brainliest answer

Answer 2

Hey there ,

3Golden rules :-

• Debit the receiver, credit the giver .

• Debit what comes in credit what goes out .

• Debit all expenses , losses and credit all incomes or gains .

now , move towards your question :-

The journal entry for the transaction will be ;-

Electricity A/c dr xxxxxx
to cash/bank A/c xxxxxx.

( electricity bill being paid )

hope it helps !!

be brainly , together we go far ! ♥