journal entry on paid establishment expenses through bank
Answers
Answered by
8
Answer:
establishment expenses A/C dr.
to bank A/C
Explanation:
according to nominal rule: debits are expenses and according to personal rule: credit the receiver
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Answered by
0
Answer: Establishment A/c Dr
To Bank A/c
Explanation:As per Golden rules All expenses are debited and Asset has debit balance so if credited it is reduced. Hence Bank being asset is getting reduced.
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