Journal entry for purchase of fan
Answers
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0
Answer:
Fan a/c Dr.
To cash a/c
Explanation:
According to real account golden rule, Debit what comes in, credit what goes out
Fan comes in and cash goes out
Answered by
0
Fan account
Explanation:
Books of (----Limited)
Journal Entry
Date Account Title and Explanation Debit Credit
Fan A/c Dr. xxx
To Bank / cash A/c xxx
(Being purchase of fan from cash or bank)
Note: Purchase of fan will be debit because fan com to the business and cash account will be credit
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