Accountancy, asked by mounikannssum, 1 year ago

journal entry of old newspaper sold

Answers

Answered by Arslankincsem
14

The question is from the field of accountancy.


The journal entry is a record of any business transaction which takes place.


All the transactions are record in the form of journal entries in the books of accounts of the company.


For the said case the entry will be


Debit old newspaper account


To cash account credit


Answered by Anonymous
38

Answer:

On the sales of old newspaper ....

miscellaneous income is used in journal entry

cash a/c dr

To miscellaneous income a/c

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